Mmastodon BusinessCrypto first seen 7 h ago, last 6 h ago, peak #10
Feeloop flags extreme negative funding on ARK/USDT
Original: 📊 Feeloop Market Digest ⚡【Arbitrage】 🔥 Max Funding: ARK/USDT (-1096.8% APR (Short Pay Long)) 💧【LP Terminal】 🟢 Pools: 3.3
Crypto market data service Feeloop reports an extreme negative funding rate on the ARK/USDT perpetual pair, at roughly -1097% APR, meaning shorts pay longs to hold positions. Its digest also lists liquidity pools on BSC offering advertised yields above 5000% APR, with about 3.3 million dollars in pooled liquidity. The figures point to heavy short positioning and volatile trading around ARK.
Why now: The unusually extreme negative funding rate on ARK/USDT stands out to traders scanning for arbitrage opportunities.
Evidence
API: https://socialmediatrends-api.osmike.com/v1/trends/985781