COPPER (xyz) funding comparison: questions and answers
Where is COPPER (xyz) funding the highest right now?
Hyperliquid: 5.5%, Lighter: 3.5%, Binance: 0.0% APR. A positive rate means longs pay shorts.
How can you earn the COPPER (xyz) funding spread?
Short COPPER (xyz) on Hyperliquid and go long the same size on Binance: the price risk is hedged, and the difference of 5.5% a year is collected while it lasts. Fees, the price gap between exchanges and a change of the rates eat into the profit, and each side can be liquidated.
What has COPPER (xyz) funding averaged on Hyperliquid and Lighter?
Hyperliquid: 1.5% over 24 hours and 4.4% over 7 days. Lighter: 3.5% over 24 hours and 11.3% over 7 days (APR).