Mmastodon BusinessCrypto first seen 8 h ago, last 8 h ago, peak #11

Bitcoin funding rates vary widely across decentralized exchanges

Original: $BTC funding on 14 DEXs right now: Highest: Hibachi +11%/yr Lowest: ApeX -79%/yr Gap: 90.3 points a year Same coin, diff

A snapshot of Bitcoin perpetual funding rates across 14 decentralized exchanges shows a striking spread: Hibachi sits at +11% annualized while ApeX is at -79%, a gap of over 90 points a year on the same asset. Traders are noting that the cost of holding a leveraged long or short position in Bitcoin can differ dramatically depending on the venue, before fees.

Why now: Traders are discussing arbitrage and venue risk after an unusually large funding rate gap appeared across decentralized exchanges.

BitcoinHibachiApeXHyperliquidRivemont

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Evidence

• $BTC funding on 14 DEXs right now: Highest: Hibachi +11%/yr Lowest: ApeX -79%/yr Gap: 90.3 points a year Same coin, different price to hold. Before fees. Live board: https:// rivemont.xyz # crypto # DeFi # Hyperliquid # FundingRate # Perps · rivemont_xyz

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