1000SHIB funding: questions and answers
What is the 1000SHIB funding rate on Lighter now?
0.0012% per hour, or 10.5% APR: longs pay shorts; funding on Lighter is paid every hour.
How does 1000SHIB funding on Lighter compare with Binance and Bybit?
Binance: -2.3% APR (paid every 8 h), Bybit: 6.9% APR. The difference between Lighter and Binance is +12.8% per year.
What has 1000SHIB funding been on average?
On Lighter: 10.5% APR over 24 hours, 10.5% over 7 days and 10.8% over 30 days. Longs paid in 100% of the hours over the last 30 days.
What does high or negative 1000SHIB funding mean?
High funding means the market is crowded with longs: holding a long is expensive and a fall can trigger a long squeeze. Negative funding means crowded shorts. Check who exactly is positioned and where their liquidations are on the whale positions page and the liquidation map.