MRNA funding: questions and answers
What is the MRNA funding rate on Lighter now?
-0.0031% per hour, or -27.2% APR: shorts pay longs; funding on Lighter is paid every hour.
How does MRNA funding on Lighter compare with Binance and Bybit?
Binance: -16.8% APR (paid every 8 h), Bybit: -95.1% APR. The difference between Lighter and Binance is -10.3% per year.
What has MRNA funding been on average?
On Lighter: 0.6% APR over 24 hours, 11.8% over 7 days and 6.9% over 30 days. Longs paid in 87% of the hours over the last 30 days.
What does high or negative MRNA 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.