XIAOMI funding: questions and answers
What is the XIAOMI 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 XIAOMI funding on Lighter compare with Binance and Bybit?
XIAOMI is not listed on Binance, Bybit: 0.0% APR.
What has XIAOMI funding been on average?
On Lighter: 3.5% APR over 24 hours, 1.5% over 7 days and 4.5% over 30 days. Longs paid in 99% of the hours over the last 30 days.
What does high or negative XIAOMI 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.