Mmastodon BusinessCrypto first seen 13 h ago, last 12 h ago, peak #10
SAND/USD funding rate swings wildly on Feeloop digest
Original: 📊 Feeloop Market Digest ⚡【Arbitrage】 🔥 Max Funding: SAND/USD (-6003.1% APR (Short Pay Long)) 💧【LP Terminal】 🟢 Pools: 3.3
Feeloop's market digest reports an extreme negative funding rate on SAND/USD perpetuals, with shorts paying longs at roughly -6003% APR, alongside high-yield liquidity pools on BSC topping above 5000% APR. The figures highlight unusual pricing or volatility in SAND derivatives markets, and crypto traders are watching for arbitrage opportunities.
Why now: Extreme funding rates like this draw traders looking to capture arbitrage between perpetual futures and spot markets.
FeeloopThe Sandbox (SAND)BNB Smart Chain
Evidence
API: https://socialmediatrends-api.osmike.com/v1/trends/835223