🔥Today, a fairly ridiculous funding rate arbitrage incident reportedly happened in the crypto market: a Binance user is said to have ended up losing about 5 million USDT due to funding rate arbitrage operations, and the loss is extremely severe.
Based on the information available so far, the core issue isn’t simply an “arbitrage failure,” but that the market fluctuated violently in a short period of time, causing the account margin to fall short, which ultimately triggered a liquidation.
Funding rate arbitrage looks like “earning interest,” but in reality it still involves leverage, liquidity risk, and exposure to extreme market conditions. You may earn small gains in normal times, but one extreme move can wipe out all your earlier profits—and even your principal.
The party involved is currently seeking compensation from Binance through a rights-claim process. The lesson of 5 million USDT is enough to regret for life—arbitrage isn’t risk-free, and funding rates aren’t free money.
It’s more practical to stake spot positions in advance at lower prices 👇！
$DOGE
$SHIB
#美国初请失业金人数升至20.6万 #美国续请失业金人数降至177.9万 #以太坊XRPETF连涨终结
Based on the information available so far, the core issue isn’t simply an “arbitrage failure,” but that the market fluctuated violently in a short period of time, causing the account margin to fall short, which ultimately triggered a liquidation.
Funding rate arbitrage looks like “earning interest,” but in reality it still involves leverage, liquidity risk, and exposure to extreme market conditions. You may earn small gains in normal times, but one extreme move can wipe out all your earlier profits—and even your principal.
The party involved is currently seeking compensation from Binance through a rights-claim process. The lesson of 5 million USDT is enough to regret for life—arbitrage isn’t risk-free, and funding rates aren’t free money.
It’s more practical to stake spot positions in advance at lower prices 👇！
$DOGE
$SHIB
#美国初请失业金人数升至20.6万 #美国续请失业金人数降至177.9万 #以太坊XRPETF连涨终结
