Staring at the on-chain data, I just can’t help thinking those sandwich-attack addresses are like an ant moving its nest—bit by bit, nibbling away at other people’s slippage, transaction by transaction. At the end of the day, what looks like picking up a bargain through arbitrage is, in most cases, you being the meat in the middle that gets squeezed. Especially now, when the psychology around inflows and outflows is delicate—when a policy in some place tightens, everyone rushes to swap into USDT; when liquidity shifts, fees quietly double. As for me, I treat the funding rate like a traffic light—don’t bet against the trend, and don’t try to snatch food from MEV. In terms of probability, the side with the better odds is the one that stays put.