$MAGIC
The currency with an explosive negative rate is still highly controlled by the market makers, so I decisively opened a long position. I originally wanted to take advantage of the fee rate, but unexpectedly, it went up yesterday. Thanks to the market maker 🐶
If you are quick with your hands, you can charge before and close seconds after the charge. Because there are many arbitrageurs, there is a quick drop; if you are slow, you might lose more on a long position than the fee rate. Holding it for a long time is fine, and even if the profit exceeds the arbitrage fee rate, it will be easy to close out.
