US500 funding: questions and answers
What is the US500 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 US500 funding on Lighter compare with Binance and Bybit?
US500 is not listed on Binance.
What has US500 funding been on average?
On Lighter: 1.7% APR over 24 hours, 3.1% over 7 days and -0.2% over 30 days. Longs paid in 89% of the hours over the last 30 days.
What does high or negative US500 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.