ETH funding: questions and answers
What is the ETH funding rate on Lighter now?
0.0000% per hour, or 0.0% APR; funding on Lighter is paid every hour.
How does ETH funding on Lighter compare with Binance and Bybit?
Binance: 7.8% APR (paid every 8 h), Bybit: 9.8% APR. The difference between Lighter and Binance is -7.8% per year.
What has ETH funding been on average?
On Lighter: 9.1% APR over 24 hours, 5.7% over 7 days and 6.5% over 30 days. Longs paid in 83% of the hours over the last 30 days.
What does high or negative ETH 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.