NVDA (xyz) funding comparison: questions and answers
Where is NVDA (xyz) funding the highest right now?
Hyperliquid: 15.1%, Lighter: 11.4%, Binance: 0.0%, Bybit: 0.0% APR. A positive rate means longs pay shorts.
How can you earn the NVDA (xyz) funding spread?
Short NVDA (xyz) on Hyperliquid and go long the same size on Bybit: the price risk is hedged, and the difference of 15.1% 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 NVDA (xyz) funding averaged on Hyperliquid and Lighter?
Hyperliquid: -4.0% over 24 hours and 4.2% over 7 days. Lighter: -2.8% over 24 hours and 4.0% over 7 days (APR).