Exercise 6 · 15 min

Perp Friction vs Equity Borrow

Time: 20 to 25 minutes · You'll need: a calculator or spreadsheet · Builds on: Lesson 6

Warm-up

Check yourself

In a stock pair that is long A and short B, which leg carries the borrow fee?

Check yourself

On a perp pair, A's funding rate is positive. You are long A. What happens on that leg?

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