Leveraged Bitcoin longs on OKX paid 10.95% a year in funding, the fee longs hand to shorts, in the Oct 30 read at 05:25 UTC. Borrowing $BTC itself on margin at the same venue cost just 0.5%.
That 10.45% spread was the widest of the 15 assets across the three venues we track.
Dollar loans were calmer. The median $USDT margin rate was 4% a year, with Bybit the cheapest at 3.92% and Binance the dearest at 5.73%.
That 10.45% spread was the widest of the 15 assets across the three venues we track.
Dollar loans were calmer. The median $USDT margin rate was 4% a year, with Bybit the cheapest at 3.92% and Binance the dearest at 5.73%.
