Futures
Access hundreds of perpetual contracts
TradFi
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Pre-IPOs
Unlock full access to global stock IPOs
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
Recently, I've been watching the PIEVERSE market, and many people are engaging in funding fee hedging. The current rate is as high as 0.2%, which is indeed quite outrageous—putting significant pressure on the short side.
Based on the current pace, there are still 2 days of operation window. During this cycle, you can at least settle 12 times. Have you roughly estimated what level this arbitrage could reach? A 0.2% fee rate is quite rare in the market. If you can successfully secure these 12 periods, the returns are quite substantial.
That said, funding fees can fluctuate quickly. Has anyone already locked in their position? Or are you planning to continue observing?
Damn, settlement in 12 periods? I already got on board, but it still depends on how the subsequent fee rates will go.
Funding fees are like the weather, they change suddenly. I prefer to lock in gradually.