📈 Crypto funding rates rival microloans



Funding on some crypto exchanges is reaching levels that look closer to microfinance than markets.

Example: trying to buy oil perps on Hyperliquid shows limited liquidity.

On Gate, oil exposure exists only through perpetuals, with funding around 0.8% per hour, which annualizes to roughly 6,500%.

Leverage is easy to get. Carry is another story.

#crypto
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