Why can spot-futures arbitrage still lose money in practice, even though it seems like a sure win?

When Bitcoin futures prices are significantly higher than spot prices, a common strategy is to buy spot while selling futures, then wait for the price gap to converge and capture the profit.

This strategy is commonly known as a cash-and-carry trade. It has a clear pricing rationale, but that does not mean it is risk-free.

First, the price gap is not the same as the final profit.

Suppose an asset has a spot price of 100,000 USDT and a futures price of 102,000 USDT, making the apparent price ga

What Is Trade Expectancy? Why Does It Better Reflect a Strategy’s Long-Term Profitability Than Win Rate Alone?

In cryptocurrency trading, a high win rate does not necessarily mean making money, and a low win rate does not necessarily mean losing money. What really matters is how much profit or loss each trade produces on average over time when you consistently trade by the same set of rules. This is the core meaning of trade expectancy.

First, what is trade expectancy?

Trade expectancy (EV) is a metric that combines win rate, average profit, and average loss to estimate the long-term averag

Nvidia CEO Jensen Huang abruptly resigned from the position he had held for 33 years after the board investigated his improper relationships with several subordinates and an affair with a customer suspected of working for Beijing. CFO Colette Kress has taken over on an interim basis.

Although he is gone, the massive leverage he built for the entire AI industry using the company’s balance sheet is still hanging in midair. Nvidia’s latest second-quarter 10-Q shows that total off-balance-sheet obligations surged from $184 billion last quarter to $530 billion.

Among them, supply and capacity com

#GateOctoberTransparencyReport

Gate October Transparency Report: How Is Gate Building a More Connected Financial Ecosystem?

What stands out?

Gate's October 2026 transparency report highlights an important shift: the platform is moving beyond traditional cryptocurrency trading while continuing to strengthen its asset transparency and financial services. One particularly notable figure is its reported $8.688 billion in total reserves, backed by customer net assets of approximately $7.332 billion.

The report is not just about trading activity. It also shows how Gate is connecting digital ass

#DrHanOxfordUnion.
From a Solo Founder to the Oxford Union: Dr. Han's Vision of Entrepreneurship in the AI Era

Building a successful company has traditionally required significant resources, a large workforce, and years of operational experience. Artificial intelligence is beginning to challenge that model, creating opportunities for individuals to accomplish what once required entire teams.

This was one of the central ideas behind Gate Founder and CEO Dr. Han's "Start Alone" speech at the Oxford Union, where he reflected on Gate's 13-year journey and shared his perspective on entrepreneurs

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Source: ScapingWw channel. Asset: $KGEN Long position. Entry: 0.0847 Target: 0.107445 Stop-loss: 0.0771184 Signal time: Not specified
Sis just brings you the original signal. Whether to follow it and how much to allocate are up to you, babes. Calculate the R/R yourself, and check the stop-loss level carefully before making a move. 👀
This is a personal record being shared and does not constitute investment advice. #特斯拉与SpaceX合并谈判取得进展，最快12月宣布 SPCX +0.99% xSPCX +1.01%

#ETH
1,943 support has broken; 1,896 was reached.
Ethereum $ETH fell to 1,896 on Friday morning, folks. That’s a drop of around 3.8% from Thursday’s close, and the daily RSI fell to 25. On the weekly chart, price fell below the 2,003 level and 1,943 support I pointed out.
Price is now back around 1,943. If the daily close is above this level, the breakdown will remain just a wick. If it closes below, the 1,822 level I marked on the chart will be the target. Just below that is 1,784.
For a recovery, 2,003 must be reclaimed first. Then 2,174 comes into play.
U.S. producer prices will be announc

Imagine if we found out that Satoshi cheated on his wife, and she decided to sell all his Bitcoin out of anger.
That would explain this dump. 💀

Microsoft email has been having issues for over ten hours
Has it still not been fixed...

$CBRS LONG ALERT — 117.60 BREAKOUT COULD SEND PRICE TOWARD 123.00!

Entry: 115.10
SL: 112.00

TP1: 117.60
TP2: 120.20
TP3: 123.00

$CBRS has surged 15.10%, with strong buying pressure driving a sharp breakout. Price is now consolidating near its highs, while buyers continue defending the 113–114 support area. A sustained breakout above 117.60 could trigger another bullish move toward 120.20 and potentially 123.00.

Invalidation: A sustained break below 112.00 weakens the bullish setup.

What Is Maximum Drawdown? Why Can a Profitable Long-Term Trading Strategy Still Experience Unbearable Consecutive Losses?

In crypto trading, some strategies may be profitable over the long term but experience significant losses along the way. If traders do not assess in advance how far their account could fall, they may be forced to exit before the strategy recovers. Maximum drawdown is an important metric for measuring this risk.

First, what is maximum drawdown?

Maximum drawdown (MDD) is the largest percentage decline in an account’s equity from a previous peak to a subsequent trough durin

ruthelss outflows + reedeeming from ETF/USDC/USDT. @ $BTC

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📢 Today's Hot Topic | Jensen Huang Resigns as NVIDIA CEO
NVIDIA announced Jensen Huang's resignation, sending shockwaves through the market as $NVDA shares plunged.Is this a short-term selloff or a turning point for NVIDIA's long-term valuation?

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Three wins in a row intraday! Long at 3891, exited at 3900, capturing a $9 move and $1,317!
$ETH $XAU #黄金 #BTC跌4%

$BTC dipping into its own Fib retracement box.