Mmastodon BusinessCrypto first seen 1 d ago, last 1 d 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
Evidence
API: https://socialmediatrends-api.osmike.com/v1/trends/2061293