When funding rates reach extremes, my first reaction isn't "Opportunity is here," but to ask myself: who is being forced to pay rent in this wave? Listening to the other side's orders sounds exciting, but it's actually like taking the market's hit for them—if you lack position, margin, or stop-loss discipline, it's easy to be worn down to doubt everything. More often, I prefer to avoid volatility first, wait for the rate to return to a normal range, and then slowly look for certainty; earning a little less is better than being pierced by a needle.

Recently, hardware wallets are out of stock, and phishing links are everywhere, indicating everyone is really nervous... but it's also quite ironic; the more panicked, the easier it is to make quick mistakes. Anyway, whenever I see the words "high APY/high funding rate," my mind automatically pops up a window: where's the knife? First, check permissions and links thoroughly—don't just earn some fee and then turn around to send your principal away. That's all for now.