Mmastodon BusinessCrypto first seen 14 h ago, last 14 h ago, peak #9
Crypto digest flags extreme negative funding on ERA/USDT pair
Original: 📊 Feeloop Market Digest ⚡【Arbitrage】 🔥 Max Funding: ERA/USDT (-1681.9% APR (Short Pay Long)) 💧【LP Terminal】 🟢 Pools: 3.4
A crypto market digest reports unusually large negative funding on the ERA/USDT perpetual pair, showing an annualized funding rate of -1681.9%, meaning shorts pay longs. The digest also highlights liquidity pool yields, citing a BSC pair at over 5000% APR and roughly 3.4 million dollars in tracked pools. Traders use such figures to spot arbitrage opportunities in DeFi markets.
Why now: Extreme funding rates signal heavy short positioning and potential arbitrage trades, attracting crypto traders' attention.
Evidence
API: https://socialmediatrends-api.osmike.com/v1/trends/1855293