Kraken was the cheapest place to hold a leveraged long in Avalanche in the Oct 17 reading at 15:52 UTC, and the gap to the priciest venue was the widest on our board. Funding, the fee longs pay shorts, differed by 0.09% per 8 hours on $AVAX .
Modeled over a full year, with fees on both legs taken out, that gap works out to 87.45%. It's a model that assumes the spread holds unchanged, not a recorded return.
Next on the board, $LINK and $WIF each showed a 0.06% gap. Ether showed 0.05%, cheapest on HashKey and priciest on BloFin.
Modeled over a full year, with fees on both legs taken out, that gap works out to 87.45%. It's a model that assumes the spread holds unchanged, not a recorded return.
Next on the board, $LINK and $WIF each showed a 0.06% gap. Ether showed 0.05%, cheapest on HashKey and priciest on BloFin.