six
@six
TIL funding can be negative on perps. meaning you get paid to hold a position lol. Kinda lit
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m00npapi ???? bro
@anonpapi.eth
99% of folks don’t understand that trad futures are essentially a pair of options contracts (except right —> obligation) where you buy the future contract and sell the current Perps ditch expiration and use funding to converge prices towards spot contango (positive funding)/backwardation(negative)
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tomu
@tomu
much better when you can have quarterly futures, perps are like the easiest path
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