OPENAI funding: questions and answers
What is the OPENAI funding rate on Lighter now?
0.0004% per hour, or 3.5% APR: longs pay shorts; funding on Lighter is paid every hour.
How does OPENAI funding on Lighter compare with Binance and Bybit?
Binance: 5.5% APR (paid every 8 h), Bybit: 0.0% APR. The difference between Lighter and Binance is -2.0% per year.
What has OPENAI funding been on average?
On Lighter: 12.8% APR over 24 hours, 3.7% over 7 days and 2.3% over 30 days. Longs paid in 30% of the hours over the last 30 days.
What does high or negative OPENAI 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.