$LAYER
It seems there is an arbitrage opportunity.
Currently, Huobi's rate is -2%, Binance's is -0.6%.
Huobi's settlement time is 16:00, while Binance settles every hour.
If Binance's rate does not fluctuate much during this period,
then this operation can be done:
Open a short position on Huobi and a long position on Binance.
Leverage is the same, position size is the same.
Close the positions before Huobi's 16:00 settlement, and at the same time, close the positions on Binance when Huobi closes.
If the principal amount is large enough and neither side will be liquidated, it seems that a small profit can be made.
Some might say that the prices on both sides are different.
That is true, but if we consider that the price volatility on both platforms is consistent, when closing on Huobi, Binance will also close, so the hedging can still be completed.
It just needs to be considered that the volatility of the asset on both platforms is consistent or has a very small difference. 😂
This is just my personal thought, please don't criticize me too harshly; if you do, I might not be able to handle it. 😭😭