BOT funding: questions and answers
What is the BOT funding rate on Lighter now?
-0.0043% per hour, or -37.7% APR: shorts pay longs; funding on Lighter is paid every hour.
How does BOT funding on Lighter compare with Binance and Bybit?
Binance: 0.0% APR (paid every 8 h), Bybit: 0.0% APR. The difference between Lighter and Binance is -37.7% per year.
What has BOT funding been on average?
On Lighter: -4.5% APR over 24 hours, 15.6% over 7 days and 22.9% over 30 days. Longs paid in 93% of the hours over the last 30 days.
What does high or negative BOT 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.