aster funding at 450% annualized creates the easiest arb in crypto. that $7.5m whale everyone thinks is long? he's 3x short on another venue capturing 1.2% daily. spot long on aster, perp short equal size, collect funding every 8 hours. trade pays itself in 80 days risk free ...

shorts are paying you -0.02% funding to long eth with $6.2b in liquidations stacked at $5k. perps trading $12 below spot, market makers subsidizing your position, and these geniuses keep adding. the market is literally paying you to take their money. ...

boros showing -5.82% carry on hyperliquid funding has galaxy deploying $125m into the "loss". negative funding filters degens, $190m abraxas shorts liquidate at eth $5,096, then rates snap from -5.82% to +40% apr overnight. institutions accumulate losses that become yields. ...

Perpetual Futures Market - Funding rate is a periodic fee exchanged between long and short traders in perpetual futures markets [1] - It helps keep the price of the futures contract aligned with the spot market [1]

retail: aping into 89% APR tUSDe poolspros: quietly building $10M OI funding rate trading vaults on boros• same protocol (pendle)• different game• different winnerswhen you see ethena using it for risk management you know what time it is ...