Understanding the Mechanics and Market Impact of Bitcoin's Largest Arbitrage Trade
can you also explain the role of perpetual futures here on arbitrageur or LP hedging? vs the standard CME futures
Perpetual future funding rates have the same dynamics as the basis trade. Main difference between the two is dat CME futures & ETFs are centrally cleared, which makes it more secure for traditional parties to trade CME vs ETF.
can you also explain the role of perpetual futures here on arbitrageur or LP hedging? vs the standard CME futures
Perpetual future funding rates have the same dynamics as the basis trade. Main difference between the two is dat CME futures & ETFs are centrally cleared, which makes it more secure for traditional parties to trade CME vs ETF.