Some Thoughts on Delisting Coin
#套利 【Two Situations for Exchange Delisting】
1. If
#Binance delists the spot coin, then you can look at other platforms; if other platforms haven't delisted, go ahead and trade it.
2. Coins like
#ALPACA are those that need to be delisted for both spot and contracts. Normally, if the market was being driven up by the market maker a few days before, you could consider a small position, but as the delisting time approaches, the risk is very high. I've encountered price differences exceeding 99%, which is beyond typical understanding, so I don’t recommend trading it.
【Specific Arbitrage Suggestions】
1. Positive price difference, net #funding rate positive
Generally has a trap; small amounts can be bet on.
2. Positive price difference, net funding rate negative
Can trade small amounts over the cycle.
3. Negative price difference, net funding rate positive
Negative price difference can be opened (recommended within -1%).
【Risk Control Requirements】
Long position explosion rate must be above 100%.
Short position explosion rate must be above 300%.
【Risk Warning】
For delisted coins, trading is not recommended; it’s like pulling teeth from a tiger's mouth.
Delisted coins are like gambling; the price difference may widen at any time, potentially turning into a positive price difference of 30-99%.
#EaQuant #Binance Public Account: Xiao Yi Quant