borrowrate

🚨 $LINK
— CARRY TRADE DATA JUST GOT INTERESTING 👀🔥
USDT borrow rates across 3 venues:
💰 Median borrow APR: 3.50%
🟢 Bybit: 3.49%
🔴 Binance: 4.93%
But the standout is $LINK on Bybit. 👀
📈 Funding APR: 10.95%
💸 Borrow APR: 0.74%
🔥 Recorded carry: 10.21% APR
That’s the simple math:
10.95% − 0.74% = 10.21%
⚠️ Funding rates can change quickly, and borrow costs, price movement and execution risk can completely change the outcome.
Carry ≠ guaranteed profit.
Watch the funding + borrow spread, not just the headline APR. 📊
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