Whales are starting to recognize what Boros can bring to their capital. Someone is sitting on $650k and farming roughly 22% APR. The essential skill to reach these numbers is proper timing. And now, with Arbitrage Terminal, this is becoming accessible to everyone. Perp exchanges can have completely different funding rates for the same asset. Hyperliquid has been running much higher ETH funding than Gate and Binance. That creates a spread. And Boros gives you a way to trade it. One wallet built a nine-leg position across Hyperliquid, Gate and Binance. I prefer not to doxx the wallet publicly to avoid front-running. But you can do your own research and discover most of this data in the Boros explorer. The strategy is simple: Short ETH YU on Hyperliquid where funding is higher. Long ETH YU on Gate or Binance where funding is lower. Then hedge the live funding with matching perp positions. The result is a mostly hedged cross-exchange funding spread. The numbers are pretty wild. > $13.7M notional > 97% hedged > $658,775 capital committed > ~$168.7k annualized spread > ~$25.1k annualized fees > 21.8% APR These are positions that were actually built between August 19 and 31. The biggest ETH position alone has $4.65M short YU on Hyperliquid at 7.57% against $4.37M long YU on Gate at 4.63%. That's roughly a 3% funding-rate spread being captured between two exchanges. And this is exactly why I see such huge potential for Boros adoption. The opportunity is simply that two markets are pricing the same thing differently. Boros makes that difference easily visible in seconds. And when the spread is big enough, capital can start farming it.