PUMP In fact, there is a very good arbitrage opportunity, but the risks and returns need to be weighed carefully by yourself 😍😍
Teaching a man to fish is better than giving him a fish!
But Brother Jie is going to teach!! Sending out another 5000 red envelopes 😍😍😍
In simple terms, it's Binance @币安Binance华语
Shorting the contract (current price $0.0049), participating in $Pump public offering (cost $0.004), locking in the profit from the futures spot price difference in advance, the current yield is about 20%.
The risk is that the $Pump public offering ends on July 15 at 22:00 (UTC+8), and after the public sale ends, tokens can only be transferred within 48 to 72 hours. Approximately a week's holding cost needs to take into account the changing funding rates on Binance at that time; if the 20% profit is not enough to cover the funding rate, it would be like lifting a rock to smash your own foot.
I miss the time when $HT was publicly offered, with both primary and secondary markets coexisting, buying in the primary market and selling in the secondary market, yielding about 10-20% profit in half an hour, it felt very comfortable to have a large position.