Borrowing dollars to trade on margin cost a median 3.89% a year across OKX, Bybit and Binance in the read taken early on Oct 11. OKX was the cheapest place to borrow USDT at 3.5%, and Binance the dearest at 4.78%.
Bybit sat in the middle at 3.89%. The read covers 3 venues and 15 assets.
The widest recorded gap between funding and borrowing was on $LINK at Bybit. Borrowing cost 0.54% a year while longs were paying 10.95% a year in funding, a recorded spread of 10.41%.
Bybit sat in the middle at 3.89%. The read covers 3 venues and 15 assets.
The widest recorded gap between funding and borrowing was on $LINK at Bybit. Borrowing cost 0.54% a year while longs were paying 10.95% a year in funding, a recorded spread of 10.41%.