ONDO funding: questions and answers
What is the ONDO funding rate on Lighter now?
0.0000% per hour, or 0.0% APR; funding on Lighter is paid every hour.
How does ONDO funding on Lighter compare with Binance and Bybit?
Binance: 7.7% APR (paid every 8 h), Bybit: 2.2% APR. The difference between Lighter and Binance is -7.7% per year.
What has ONDO funding been on average?
On Lighter: 3.9% APR over 24 hours, 6.2% over 7 days and 14.8% over 30 days. Longs paid in 96% of the hours over the last 30 days.
What does high or negative ONDO 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.