USDCAD funding: questions and answers
What is the USDCAD funding rate on Lighter now?
0.0000% per hour, or 0.0% APR; funding on Lighter is paid every hour.
How does USDCAD funding on Lighter compare with Binance and Bybit?
USDCAD is not listed on Binance.
What has USDCAD funding been on average?
On Lighter: 0.0% APR over 24 hours, -13.3% over 7 days and -28.5% over 30 days. Longs paid in 0% of the hours over the last 30 days.
What does high or negative USDCAD 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.