Polygon carried the widest funding gap on our board in the Oct 29 reading at 15:52 UTC. Holding a leveraged $POL long cost 0.1% more per 8 hours on Aster than on Kraken, where funding, the periodic fee between longs and shorts, was lowest.
If that gap held for a whole year, net of taker fees on both legs at a weekly rebalance, it models out to 97.43% annualized. That is an estimate built on one reading, not a recorded return.
Bitfinex was the cheapest venue for longs on the next three coins: $AVAX against Cryptocom at 0.08%, Litecoin against Delta at 0.07% and $DOGE against Delta at 0.06% per 8 hours.
If that gap held for a whole year, net of taker fees on both legs at a weekly rebalance, it models out to 97.43% annualized. That is an estimate built on one reading, not a recorded return.
Bitfinex was the cheapest venue for longs on the next three coins: $AVAX against Cryptocom at 0.08%, Litecoin against Delta at 0.07% and $DOGE against Delta at 0.06% per 8 hours.
