ORCL (xyz) funding comparison: questions and answers
Where is ORCL (xyz) funding the highest right now?
Hyperliquid: 5.5%, Lighter: 3.5%, Binance: 0.0%, Bybit: 0.0% APR. A positive rate means longs pay shorts.
How can you earn the ORCL (xyz) funding spread?
Short ORCL (xyz) on Hyperliquid and go long the same size on Bybit: 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 ORCL (xyz) funding averaged on Hyperliquid and Lighter?
Hyperliquid: -9.4% over 24 hours and 3.7% over 7 days. Lighter: -2.7% over 24 hours and 2.6% over 7 days (APR).