SKHY (xyz) funding comparison: questions and answers
Where is SKHY (xyz) funding the highest right now?
Bybit: 278.1%, Lighter: 277.7%, Hyperliquid: 253.9%, Binance: -19.6% APR. A positive rate means longs pay shorts.
How can you earn the SKHY (xyz) funding spread?
Short SKHY (xyz) on Bybit and go long the same size on Binance: the price risk is hedged, and the difference of 297.7% 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 SKHY (xyz) funding averaged on Hyperliquid and Lighter?
Hyperliquid: -26.0% over 24 hours and -6.5% over 7 days. Lighter: -22.3% over 24 hours and -8.3% over 7 days (APR).