META (xyz) funding comparison: questions and answers
Where is META (xyz) funding the highest right now?
Lighter: 34.2%, Hyperliquid: 7.7%, Binance: 0.0%, Bybit: 0.0% APR. A positive rate means longs pay shorts.
How can you earn the META (xyz) funding spread?
Short META (xyz) on Lighter and go long the same size on Bybit: the price risk is hedged, and the difference of 34.2% 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 META (xyz) funding averaged on Hyperliquid and Lighter?
Hyperliquid: 14.9% over 24 hours and 8.4% over 7 days. Lighter: 18.6% over 24 hours and 8.6% over 7 days (APR).