Just finished late-night snacking and browsing on the chain, saw someone saying again "Sandwich = Opportunity," my first reaction was: am I seeing meat, or just someone else’s transaction fee… Sometimes you think you're arbitraging, but you're actually just helping the faster people get ahead. Recently, funding rates have been extreme again, and the group is arguing over whether to reverse or keep squeezing the bubble. The two things I fear most when I’m restless late at night are: one, chasing after the hype; two, realizing I contributed liquidity and emotions. Forget it, I’ll hold back tonight, better to miss out than to become part of the side dish.