Chainlink longs on Bybit faced the widest gap between funding and borrowing costs across 15 assets on three venues in the 05:25 UTC read on Oct 15. Their perpetual bets cost 10.95% a year in funding, paid to the short side. Borrowing $LINK on the same venue cost 0.53% a year.
That left a recorded spread of 10.42% a year, the largest in this read.
USDT, the stablecoin most margin traders borrow, had a median rate of 3.91% a year across the three venues. OKX charged the least at 3.5%, and Binance the most at 4.82%.
That left a recorded spread of 10.42% a year, the largest in this read.
USDT, the stablecoin most margin traders borrow, had a median rate of 3.91% a year across the three venues. OKX charged the least at 3.5%, and Binance the most at 4.82%.