spotted an interesting setup with $LIT—went short on the derivatives side while picking up equivalent spot holdings. the funding rate sitting at 600% is attractive enough to make this play worthwhile. essentially running a neutral delta position while harvesting that juicy funding yield. this kind of rate spread doesn't stick around forever, so when you see these opportunities, it pays to be quick. classic funding arbitrage in action.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
8 Likes
Reward
8
6
Repost
Share
Comment
0/400
LeverageAddict
· 7h ago
600% funding rate? How crazy is that, but it does seem stable...
View OriginalReply0
FlatTax
· 7h ago
600% funding rate is really hard to watch... One misstep and you're hammered in the opposite direction.
View OriginalReply0
UncleLiquidation
· 7h ago
600% funding rate... Is that true? How crazy would this interest rate have to be?
View OriginalReply0
NFTHoarder
· 7h ago
600% funding rate, this guy is really just exploiting the system
View OriginalReply0
0xLuckbox
· 7h ago
A 600% funding rate—such a free opportunity really needs to be seized quickly.
View OriginalReply0
SignatureDenied
· 7h ago
600% funding rate? Bro, how crazy is that? Hurry up and get on board.
spotted an interesting setup with $LIT—went short on the derivatives side while picking up equivalent spot holdings. the funding rate sitting at 600% is attractive enough to make this play worthwhile. essentially running a neutral delta position while harvesting that juicy funding yield. this kind of rate spread doesn't stick around forever, so when you see these opportunities, it pays to be quick. classic funding arbitrage in action.