Dogecoin longs on OKX were paying 10.95% a year in funding to the short side in the 05:25 UTC read on Oct 17. Borrowing $DOGE on the same venue cost 1% a year.
That 9.95% gap between funding and borrowing was the widest across 15 assets on three venues. It is a recorded spread for the morning read, not a fixed rate.
Borrowing dollars on margin ranged from 3.5% a year for USDT on OKX to 4.89% on Binance. Bybit sat at 3.92%, which is also the median of the three.
That 9.95% gap between funding and borrowing was the widest across 15 assets on three venues. It is a recorded spread for the morning read, not a fixed rate.
Borrowing dollars on margin ranged from 3.5% a year for USDT on OKX to 4.89% on Binance. Bybit sat at 3.92%, which is also the median of the three.