IBM (xyz) funding comparison: questions and answers
Where is IBM (xyz) funding the highest right now?
Lighter: 3.5%, Binance: 0.0%, Hyperliquid: -7.2%, Bybit: -13.2% APR. A positive rate means longs pay shorts.
How can you earn the IBM (xyz) funding spread?
Short IBM (xyz) on Lighter and go long the same size on Bybit: the price risk is hedged, and the difference of 16.7% 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 IBM (xyz) funding averaged on Hyperliquid and Lighter?
Hyperliquid: 1.2% over 24 hours and 4.1% over 7 days. Lighter: 2.5% over 24 hours and 14.2% over 7 days (APR).