JUP funding: questions and answers
What is the JUP 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 JUP funding on Lighter compare with Binance and Bybit?
Binance: -5.5% APR (paid every 8 h), Bybit: 10.9% APR. The difference between Lighter and Binance is +16.0% per year.
What has JUP funding been on average?
On Lighter: -2.9% APR over 24 hours, -12.3% over 7 days and 3.8% over 30 days. Longs paid in 75% of the hours over the last 30 days.
What does high or negative JUP 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.