#EPT Coin Price Analysis Estimated to be between 0.005 and 0.01 per coin. Because bg usually fluctuates around 100 USD and then gives about 40 USD. An analysis of 0.5 is impossible.
💥Big shots in the circle are making a killing! I created 30 accounts, will we take a break during the May Day holiday? Look at this wave!
The big shots have already laid the groundwork in advance, this wave is soaring, one person managed 30 accounts, averaging 1700 coins per account, comfortably making profits!
And what about me? I was busy with other matters, missed this wealth storm, and only managed to scrape up some scraps, it's so frustrating!
Whether we can relax during the May Day holiday depends on whether this wave can take off! Have you hopped on?🔥
Bro, can you take me to specifically play with funding rates?
迪伦Dylan
--
【Through different settlement frequencies, contract hedging funding rate arbitrage review】
Last night I saw the announcement from Binance, the funding rate frequency for the $AERGO contract was adjusted to once every 2 hours, it has always been capped at -2%
Then I turned to check Bitget, it was also -2%, but it was every 4 hours, and there was no announcement of adjustment, so I decided to do contract hedging arbitrage
At that time, the price of BN was 0.177, and on BG it was 0.174, with a price difference of 1.7%. As long as I could take advantage of the 2% rate once, I could break even and make a profit, so I decisively took action and opened a 10,000 USDT contract on both sides
In the end, I took advantage of it three times at 2 o'clock, 6 o'clock, and 10 o'clock. Then at 2 PM in the afternoon, BG also synchronized to a frequency of once every 2 hours, ending the arbitrage opportunity. At this point, BN still had some positive premium, so I decisively closed the position
Final profit was over 300 USDT, the cost was 6000 USDT, with 3000 USDT placed on each exchange, using 3.3x leverage to open a 10,000 USDT hedged position, in half a day, the yield was 5%
Although the high-altitude takeover has happened, the fees have already been charged for almost half of it. For the first time, I truly feel the absurdity of the fees. Can it still be this profitable?!
Pay attention to 0.25 at this position, take profit on long positions, open short positions, if the large short positions at this level have exploded, a waterfall decline is expected.