CASHCAT funding: questions and answers
What is the CASHCAT 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 CASHCAT funding on Lighter compare with Binance and Bybit?
CASHCAT is not listed on Binance, Bybit: 10.9% APR.
What has CASHCAT funding been on average?
On Lighter: 58.7% APR over 24 hours, 18.8% over 7 days and 38.3% over 30 days. Longs paid in 72% of the hours over the last 30 days.
What does high or negative CASHCAT 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.