LIT's funding rate has spiked to unsustainable levels on Pacifica Fi—a classic setup for mean reversion. Going delta-neutral here: long spot through Lighter while shorting on Pacifica Fi. This hedge captures the spread as rates normalize and liquidation pressure builds.
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ProxyCollector
· 3h ago
The funding rate is so outrageous... The arbitrage opportunity is indeed tempting, just worried that insufficient liquidity might cause a stall.
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TokenomicsPolice
· 3h ago
Is the funding rate so outrageous? It should have reversed earlier. This hedging approach is quite good.
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HashBard
· 3h ago
funding rates doing their thing again... the market's poetry always rhymes, doesn't it? mean reversion arc writes itself every time
LIT's funding rate has spiked to unsustainable levels on Pacifica Fi—a classic setup for mean reversion. Going delta-neutral here: long spot through Lighter while shorting on Pacifica Fi. This hedge captures the spread as rates normalize and liquidation pressure builds.