The newly launched blockchain game project 'Adventure Island' has just landed on the Binance futures market. Within just one hour, the trading volume surged to $50 million, indicating a high level of market attention and participation. From the current position structure, it appears that a considerable portion of the funds may be for short hedging positions. However, these short sellers may overlook the impact of funding rates. In fact, any arbitrage opportunity you can think of has already been anticipated and restricted by the exchange, so the real profit potential is quite limited, and it may even lead to shorts being forced to liquidate in extreme market conditions.
Given the current high market enthusiasm for the game, it is expected to ignite a wave of momentum in the blockchain gaming sector.