Mmastodon BusinessCrypto first seen 5 h ago, last 5 h ago, peak #12
Crypto digest flags extreme GP/USDT funding arbitrage
Original: 📊 Feeloop Market Digest ⚡【Arbitrage】 🔥 Max Funding: GP/USDT (-4380.0% APR (Short Pay Long)) 💧【LP Terminal】 🟢 Pools: 3.2M
Crypto market tracker Feeloop published its digest highlighting an unusual arbitrage opportunity in the GP/USDT trading pair, with funding rates showing an APR of roughly -4380%, meaning shorts pay longs. The digest also lists liquidity pools totalling about 3.2 million dollars, with a top BSC LP pair offering over 5000% APR. Such extreme funding anomalies typically attract traders looking to capture yields.
Why now: An extraordinarily negative funding rate on GP/USDT is catching traders' attention as a potential arbitrage opportunity
Evidence
API: https://socialmediatrends-api.osmike.com/v1/trends/434365