Mmastodon BusinessCrypto first seen 11 h ago, last 8 h ago, peak #10
DeFi digest flags extreme negative funding on ACN/USD
Original: 📊 Feeloop Market Digest ⚡【Arbitrage】 🔥 Max Funding: ACN/USD (-8760.0% APR (Short Pay Long)) 💧【LP Terminal】 🟢 Pools: 3.5M
DeFi analytics platform Feeloop published its market digest reporting an unusually extreme negative funding rate on the ACN/USD pair, at roughly -8,760 percent APR for a short-pay-long arbitrage position. It also listed liquidity pools totaling 3.5 million dollars, with a top BSC pool advertising over 5,000 percent APR. Traders watch such figures for arbitrage and yield opportunities.
Why now: Extreme funding rates and very high advertised yields draw crypto traders looking for arbitrage, though such numbers often signal illiquid or risky tokens
Evidence
API: https://socialmediatrends-api.osmike.com/v1/trends/2154198