CC funding: questions and answers
What is the CC funding rate on Lighter now?
-0.0057% per hour, or -49.9% APR: shorts pay longs; funding on Lighter is paid every hour.
How does CC funding on Lighter compare with Binance and Bybit?
Binance: -9.5% APR (paid every 8 h), Bybit: 0.0% APR. The difference between Lighter and Binance is -40.4% per year.
What has CC funding been on average?
On Lighter: -28.1% APR over 24 hours, 5.4% over 7 days and 24.1% over 30 days. Longs paid in 95% of the hours over the last 30 days.
What does high or negative CC 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.