LITE (xyz) funding comparison: questions and answers
Where is LITE (xyz) funding the highest right now?
Binance: 0.0%, Bybit: 0.0%, Lighter: -42.0%, Hyperliquid: -66.2% APR. A positive rate means longs pay shorts.
How can you earn the LITE (xyz) funding spread?
Short LITE (xyz) on Binance and go long the same size on Hyperliquid: the price risk is hedged, and the difference of 66.2% 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 LITE (xyz) funding averaged on Hyperliquid and Lighter?
Hyperliquid: -16.1% over 24 hours and 14.2% over 7 days. Lighter: -14.8% over 24 hours and 32.3% over 7 days (APR).