When the funding rate is pulled to hundreds of percent annualized, I'm actually quite hesitant. To take the opposite side? I fear inertia will outlast rationality; to avoid it? I watch others collecting happily.

Frankly speaking, in this market now, social mining is playing the same game—attention has become the new leverage, but who is really mining and who is being mined? I'll check the contract permissions first anyway. In extreme market conditions, I'd rather earn less than be the one paying the fees.

That's it for now. I'll check again tonight if any team is secretly moving treasury funds.