Cardano showed the widest funding gap between venues in the Oct 11 reading at 15:52 UTC. Traders holding $ADA longs on XT paid 0.08% more every 8 hours than on the cheapest venue in the comparison.
Annualized after taker fees on both legs, that gap models to 76.27%. The figure assumes the spread holds unchanged for a full year, so it is a modeled carry, not a recorded or realized return.
Three other coins had gaps nearly as wide. WIF showed 0.07%, modeled at 67.5% a year. $DOGE showed 0.07% between DigiFinex and Delta, modeled at 64.56%. $LINK came in at 0.06%, modeled at 54.52%.
Annualized after taker fees on both legs, that gap models to 76.27%. The figure assumes the spread holds unchanged for a full year, so it is a modeled carry, not a recorded or realized return.
Three other coins had gaps nearly as wide. WIF showed 0.07%, modeled at 67.5% a year. $DOGE showed 0.07% between DigiFinex and Delta, modeled at 64.56%. $LINK came in at 0.06%, modeled at 54.52%.