Mmastodon BusinessCrypto first seen 10 h ago, last 9 h ago, peak #12
SAND/USD arbitrage funding hits extreme negative APR on DeFi trackers
Original: 📊 Feeloop Market Digest ⚡【Arbitrage】 🔥 Max Funding: SAND/USD (-4060.3% APR (Short Pay Long)) 💧【LP Terminal】 🟢 Pools: 3.3
DeFi analytics platform Feeloop published its daily market digest, flagging an unusually extreme negative funding rate on the SAND/USD pair, quoted at roughly -4,060% APR for a short-pay-long arbitrage position. The digest also lists liquidity pools topping 5,000% APR on BSC, with about 3.3 million dollars in tracked pool liquidity.
Why now: Traders circulate extreme funding-rate anomalies like this because they signal unusually skewed perpetual futures positioning on The Sandbox token and potential arbitrage opportunities.
Rank over time, top of the chart is #1. 2 snapshots from 10 h ago to 9 h ago.
Evidence
API: https://socialmediatrends-api.osmike.com/v1/trends/835225