Zeta's funding rate is currently -1.2%. You can use the strategy used by glm before, and open short positions the next second when the funding rate is charged (8pm and 12pm tonight) to make a profit from the decline.
This method is basically risk-free. I have not seen any coin that can rise against the trend at that time under this funding rate.
You can use 2x leverage, but don't use higher leverage. It's not good to lose your principal for a small profit.
At 4 o'clock this afternoon, glm failed to eat the funding rate. After eating the 2% rate, it fell a lot in that second, resulting in a waste of operation. Fortunately, I didn't lose money and earned about 1u.
I figured out the logic. Before the funding rate time point, there will be many long troops entering the market, wanting to eat the rate at that point, which will push up the price.
After the funding rate time point, a large number of long troops began to sell, causing the price to fall.
At 8 o'clock this afternoon, I plan to open a short position at 8:01 to eat this wave of dividends.
Bitcoin has fallen a lot. Fortunately, the ada I placed yesterday has taken profit. Today's bnx has also taken profit. The current account balance is 840u.
Currently, three high short orders are placed. I feel that 3.4 is its current resistance level, and I can start shorting there.
Cancel the high short order. Currently, ada, which ranks first in the increase list, is very suitable for opening a position. 0.28 is the pressure level, and you can enter the market directly.
I first built a base position at 50u market price, and then placed 10 short orders, which can cope with the maximum increase of 55%.
I feel that I have become accustomed to shorting 😂 The only currency worth going long is Bitcoin, and other currencies can be shorted at high levels. The contract has won all in the past week.
I made a lot of money by shorting altcoins these two days. But it was also tiring, as I always got too excited in the middle of the night to see the ups and downs. The total funds reached 850u.
Current position: full position in Bitcoin, joint margin to place high short orders.
Last night, I opened a position with a one-to-one ratio between BTC and ONT, and it almost exploded today. I set up a position to stop profit in batches, hoping that ONT can drop tonight