LINK funding: questions and answers
What is the LINK funding rate on Lighter now?
-0.0012% per hour, or -10.5% APR: shorts pay longs; funding on Lighter is paid every hour.
How does LINK funding on Lighter compare with Binance and Bybit?
Binance: 0.7% APR (paid every 8 h), Bybit: 3.5% APR. The difference between Lighter and Binance is -11.2% per year.
What has LINK funding been on average?
On Lighter: -5.2% APR over 24 hours, -3.7% over 7 days and 5.5% over 30 days. Longs paid in 78% of the hours over the last 30 days.
What does high or negative LINK 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.