ASTER funding: questions and answers
What is the ASTER funding rate on Lighter now?
-0.0048% per hour, or -42.0% APR: shorts pay longs; funding on Lighter is paid every hour.
How does ASTER funding on Lighter compare with Binance and Bybit?
Binance: -3.0% APR (paid every 8 h), Bybit: -2.0% APR. The difference between Lighter and Binance is -39.0% per year.
What has ASTER funding been on average?
On Lighter: 10.5% APR over 24 hours, 8.7% over 7 days and 9.8% over 30 days. Longs paid in 97% of the hours over the last 30 days.
What does high or negative ASTER 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.