Fastest way to check if a value exists in a list

Question

What is the fastest way to know if a value exists in a list (a list with millions of values in it) and what its index is?

I know that all values in the list are uniqu

Answer 1

def check_availability(element, collection: iter):
    return element in collection

Usage

check_availability('a', [1,2,3,4,'a','b','c'])

I believe this is the fastest way to know if a chosen value is in an array.