Today I saw someone show off "on-chain arbitrage" again, honestly many times you think you're catching the price difference, but you're actually just a fee ATM for sandwich bots. Especially when you rush in and the slippage kicks in, the next second the transaction price feels like it was pushed from behind... When my mindset was at its worst, I really wanted to just exit immediately and uninstall all my wallet plugins to avoid being educated. Later I held back: split the trades into smaller parts, set limit orders, avoid chasing if possible, taking it slow actually results in fewer hits. Recently, funding rates have been extreme, and in the group people argue whether to reverse or keep squeezing the bubble, my feeling is: the more exaggerated the rate, the less you should treat "opportunity" as a free lunch, it might just be others' rhythm of closing the net. For now, calculating the account is more effective than shouting slogans.