$Alpaca This kind of market with only a few million in market value can be tightly controlled by the operators at a low cost.

Before pumping the market, I just need to build a huge long position in contracts, then start pumping the spot market. As long as the retail traders' short positions significantly exceed my long positions, they will continuously pay me the funding rate. I use this funding rate to buy spot assets, which will push the contract price upwards. Every time a short position is liquidated, it will convert into new buying pressure for the contracts. My previously opened long contract position will continue to earn more and more, and the funding rate I receive will also increase, which means that the funds available for pumping the spot market will also increase.