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Mmastodon BusinessCrypto first seen 23 h ago, last 23 h ago, peak #11

CTK/USDT funding rate hits extreme negative arbitrage

Original: 📊 Feeloop Market Digest ⚡【Arbitrage】 🔥 Max Funding: CTK/USDT (-2384.9% APR (Short Pay Long)) 💧【LP Terminal】 🟢 Pools: 3.4

DeFi analytics service Feeloop reports an extreme negative funding rate on the CTK/USDT perpetual pair, at roughly -2,385% APR, meaning shorts pay longs to hold positions. Its latest market digest also flags LP pools totaling about 3.4 million dollars, with a Binance Smart Chain pair offering over 5,000% APR. Traders are watching the setup for arbitrage and yield opportunities.

Why now: Extreme funding and yield figures on crypto derivatives are attracting traders looking for arbitrage profits.

FeeLoopCTKUSDTBinance Smart ChainDeFi

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Evidence

API: https://socialmediatrends-api.osmike.com/v1/trends/2061293