#furures #FutureTarding

Here’s the pie chart showing a simplified estimate of how profits are distributed in the market:

- Binance: ~15% — profits from fees, liquidations, etc.

- HFT Firms: ~40% — capture the majority of short-term inefficiencies

- Grid Traders: ~10% — mostly profitable in sideways markets

- Retail Traders: ~20% — only a small segment consistently wins

- The rest (~15%) could be considered lost in slippage, untracked losses, liquidation spread, or additional market makers.