Mmastodon BusinessCrypto first seen 1 d ago, last 1 d ago, peak #12
Feeloop Digest Flags Extreme Negative Funding on ERA/USDT
Original: 📊 Feeloop Market Digest ⚡【Arbitrage】 🔥 Max Funding: ERA/USDT (-1617.1% APR (Short Pay Long)) 💧【LP Terminal】 🟢 Pools: 3.4
Feeloop's market digest reports an unusually negative funding rate on the ERA/USDT pair, with short traders paying longs at an annualized rate of roughly -1617%, signaling heavy short positioning or market dislocation on that pair. The digest also lists LP terminal pools of 3.4 million dollars, with a top Binance Smart Chain pool showing an advertised APR above 5000%. Crypto traders use such funding extremes to hunt arbitrage opportunities.
Why now: The extreme negative funding rate on ERA/USDT suggests unusual market pressure traders may try to arbitrage
FeeloopERAUSDTBinance Smart Chain
Evidence
API: https://socialmediatrends-api.osmike.com/v1/trends/1841331