TSLA (xyz) funding comparison: questions and answers
Where is TSLA (xyz) funding the highest right now?
Hyperliquid: 64.3%, Lighter: 42.0%, Bybit: 1.3%, Binance: 0.0% APR. A positive rate means longs pay shorts.
How can you earn the TSLA (xyz) funding spread?
Short TSLA (xyz) on Hyperliquid and go long the same size on Binance: the price risk is hedged, and the difference of 64.3% 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 TSLA (xyz) funding averaged on Hyperliquid and Lighter?
Hyperliquid: -8.8% over 24 hours and 7.8% over 7 days. Lighter: -6.4% over 24 hours and 6.3% over 7 days (APR).