Why is it said that Futures Trading is the money printer of the exchange? Why are some exchanges willing to gamble against users?
It's actually similar to a casino because they have a built-in house edge.
In each round (after each move), one party always has to give something to the other party? Over time, one party's chips (margin) will slowly decrease, and it often happens that just when your margin is running low, a "needle" will take away your position.
Moreover, the exchange is openly and honestly "taking away" your money bit by bit — and this is the funding rate algorithm.
"Futures Algor

I was thinking whether I should add an extra update for everyone this weekend - to talk about the recently popular "small funding rate double kill" strategy.
The situation is roughly as follows:
I started shorting $cross the day before yesterday.
After 4-5 days of rising, it is obvious that there are people behind (similar to the previous few projects).
Then I found that there was hardly any price difference between the spot and futures, and the alpha data (aside from the wash trading) was also quite average.
mc has also reached 100m, fdv is around 300m, oi is also about 10m, it feels like it

If you think the recent surge of $eth is due to "changing market makers", "eth micro strategy", "Cathie Wood advocate" etc.
The same reasons/stories can also happen with other coins, such as $xlm (which has increased by nearly 60% in the last 7 days).
In the eyes of the market maker, reasons, narratives, and tickers are all unimportant.
If there is something that is common: it is related to "America".

Thank you for your patience, it will be at 9:15 PM Singapore time tonight.
A new Chaoshan series is coming out!
"Learning about Chaoshan People (III): The Flow Mechanism of Chaoshan Banks is the On-Chain Solution to the Triangle Debt Underworld"
Everyone can look forward to it.

With the $btc ATH, more friends from outside the circle are asking me what to buy? What projects can we do to serve the community? Do we have any resources? 🤣😂
I still remember several years ago, when I wasn't so greasy, my coach said to me:
The relative velocity of air determines lift.
An airplane needs lift to take off, and lift is generated by the wings as they move through the air (this has nothing to do with ground wind; the key is the speed "relative to the air").
If the wind is a headwind, then the aircraft only needs to achieve a lower ground speed to reach the same lift threshold. J