DOT funding: questions and answers
What is the DOT funding rate on Lighter now?
0.0010% per hour, or 8.8% APR: longs pay shorts; funding on Lighter is paid every hour.
How does DOT funding on Lighter compare with Binance and Bybit?
Binance: 2.3% APR (paid every 8 h), Bybit: -2.8% APR. The difference between Lighter and Binance is +6.5% per year.
What has DOT funding been on average?
On Lighter: -8.9% APR over 24 hours, 4.6% over 7 days and 7.2% over 30 days. Longs paid in 89% of the hours over the last 30 days.
What does high or negative DOT 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.