Farming Lighter points can be seriously profitable
Right now there are ~30K participants and the pool is around $50M. If you make it into the top 500, you can potentially walk away with $5K+
But I’m also using the funding to pay for the farming
$HMSTR had funding around +0.52% every 8h on Hyperliquid while Binance was only ~+0.01%
That means longs on Hyperliquid were paying a huge premium to shorts
$QNT had the opposite kind of opportunity
Funding was around -0.12% on Binance vs +0.10% on Hyperliquid
That’s roughly a 0.22% spread every 8h
So I can long where funding is negative, short where it’s positive, and collect the difference while keeping the price exposure close to zero
$ZRO also reached around +0.17% per 8h
The idea is simple: find an extreme funding spread, hedge the same size across two venues, and let funding offset the cost of generating Lighter volume
So I’m farming points while the funding can potentially pay me for doing it
robinhoodchain.lighter.xyz/?…