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/biz/ - Business & Finance

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21126222 No.21126222 [Reply] [Original]

Can some of you bizfags help me understand this.
Check the discrepancy between the spot market ('index price') and the futures market ('mark price').

The predictive funding rate is the % that people who are long are paying people who are short EACH HOUR.
Why would anyone maintain a long open, so high above market value, at such high cost?

>> No.21126279

Seems like the people who are super bullish are opening leveraged positions as futures instead of buying in the market. So it appears that these people know a pump is coming and they are positioning themselves, but we are not getting the buy trigger.

>> No.21126322

The discrepancy between longs and shorts in FTX is so big that you can actually go and open a short, you'll be making around 2% just from negative funding. It is very telling even this is not very enticing to short sellers

>> No.21126787

>>21126322
Im shorting 100k ampl since 1.30 and I’m getting around 1500$ every fucking day from interest. Once it come above 1. I close my short and open a long to keep receiving my interests.

>> No.21127205

>>21126787
teachme how to use ftx

>> No.21127312
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21127312

The team sent us to hell, but we're going even deeper.

>> No.21128000
File: 103 KB, 1217x716, reverse funding rate vs ampl.png [View same] [iqdb] [saucenao] [google]
21128000

>>21126222
Here you go op. A graph with the funding rate flipped to follow the price of ampl