SKHYNIXUSD funding: questions and answers
What is the SKHYNIXUSD 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 SKHYNIXUSD funding on Lighter compare with Binance and Bybit?
SKHYNIXUSD is not listed on Binance.
What has SKHYNIXUSD funding been on average?
On Lighter: -18.4% APR over 24 hours, 46.3% over 7 days and 18.2% over 30 days. Longs paid in 76% of the hours over the last 30 days.
What does high or negative SKHYNIXUSD 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.