$LPT

1. Recently added hedging positions for BNB and ETH. The logic is: currently, BNB has greater value than ETH. However, ETH's market capitalization is three times that of BNB.

Recently, ETH has risen, and I have suspended the hedging position.

Moreover, the purchased BNB can participate in holder rewards, while the short position in ETH can benefit from funding rates.

The reasons for selling in the future are: either BNB surpasses ETH; or a fantastic project emerges in the ETH ecosystem, and the performance of the ETH native chain improves, changing the underlying logic.

2. Today LPT surged. This led to an increase in the funding rate for LPT contracts. Additionally, there is a price difference between Binance and OK.

What more is there to say? It's just free money.

Quickly lock in the arbitrage. However, the previous OK's funding rate, which was once every two hours, has now shifted to one hour. Although the returns are lower, it's still acceptable. But it is estimated that soon there won't be much profit left.