When the funding rate hits an extreme, I start to get itchy, with two little voices fighting in my mind: one says "Go against the order book, grab it for free," and the other says "You said you wouldn't FOMO after your last mint?" Basically, during these times, the market swings wildly out of control. Going against the order book isn't impossible, but you need to think carefully about whether you can withstand that sudden spike. Otherwise, if you get hit with high fees and your position gets wiped out first, that's pretty awkward. Anyway, I now prefer to stay back, reduce my position, and if I do go against the trend, I only use a small amount just to buy a ticket. Recently, people testing the testnet are starting to talk about whether the mainnet will issue tokens or not. When emotions heat up, the funding rate tends to become even more extreme... I'll tie my hands first so I don't forget everything after rushing in again.

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