If you make 1 million in the crypto world, would you store USDT to earn 14% annual interest?
Let me teach you a financial trick from Han Jie:
Buy 1 million worth of a certain coin, then transfer it to a contract account and open a 1x short position.
At this point, you have both the spot asset and an equivalent short position.
Here's the key—since you opened a coin-denominated contract, the system will pay you "position subsidies" (similar to funding rates) hourly, plus the trading platform's fee rebates, making the combined annual yield around 120%.
Key point: This strategy is not afraid of liquidation
Because the spot asset is your safety cushion, even if the coin price goes to zero, the money made from the short position will just cover the losses from the spot asset.
It's like using a hedging method to lock in risks and enjoy platform subsidies for free.
However, don't just focus on the profits, there's a hidden big pitfall: you must choose mainstream coins with high trading volume; if you encounter a worthless coin that goes to zero, the transaction fee won't even cover the slippage losses.