$RAVE ‌ I just did the math on this funding rate. I didn’t know before, and once I calculated it, I was shocked. For example, the cost of 0.49 that some fan posted in one of our plazas—say you buy 1,000 of them here, your cost is about $500. Getting to today—without counting the price increase.

From 7:00 PM on April 14 to now, 4월15日15:37—it's not even 24 hours yet—you’ve earned $3,000 in funding fee income. I calculated it transaction by transaction, added it up one by one. It’s very precise, so you don’t need to doubt it. In other words, in 21 hours, you’ve already earned $3,000 just from funding fees. Your initial principal was $500. If at the start you happened to invest $50 and used 10x leverage, then just from funding fees alone, you’ve already made 60 times. Not counting the price increase.
Some accounts don’t get counted—you basically don’t even know why the main players need to push the price this high. Have you thought about it? In a 24-hour period, your initial investment only used $500. And now, you’ve only passed 21 hours—you’ve already earned $3,000 just from funding fees. This $3,000 is paid directly to you. Next, I still have to keep calculating.
If today’s coai, with the current price at $0.4, you only need to invest $200 and use 2x leverage to go long—then in the future it rises to today’s price. In less than 24 hours, you’ve already earned $3,000. If it fails, you only lose $160. Because with the current price dropping to $0.25, you can set your stop-loss. This “investment with no knowing the payoff” is super worthwhile.
Some accounts are the most terrifying to figure out. Because the more you calculate, the more shocked you get—just the funding fees alone have such a high income. #Gate广场四月发帖挑战