QNT funding: questions and answers
What is the QNT funding rate on Lighter now?
-0.0006% per hour, or -5.3% APR: shorts pay longs; funding on Lighter is paid every hour.
How does QNT funding on Lighter compare with Binance and Bybit?
Binance: -4.8% APR (paid every 8 h), Bybit: 8.8% APR. The difference between Lighter and Binance is -0.4% per year.
What has QNT funding been on average?
On Lighter: -4.6% APR over 24 hours, -4.8% over 7 days and -13.4% over 30 days. Longs paid in 76% of the hours over the last 30 days.
What does high or negative QNT 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.