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Hibachi
Trends
- 1Bitcoin funding rates vary widely across decentralized exchanges●$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.