BNC4 Redemption Mechanism Does Not Support One-Way Arbitrage. Binance Perpetual Contracts' Funding Fee Is Fully 2%——This message has been spreading pretty fast in the community lately, and many people’s first reaction is: "So the road to risk-free arbitrage is gone again."
Actually, if you think it through, it makes sense: if redemption could be used for one-way arbitrage, it would be like handing money to the market. The protocol side would definitely plug that loophole. What’s really worth paying attention to is Binance’s full 2% funding fee—this means the holding costs of both long and short positions are becoming significantly differentiated, and market volatility could be amplified further.
Bifrost and Four.Meme being pulled into this topic also indirectly shows that the market is extremely sensitive to any "arbitrage opportunities" right now. In a broader environment where money is tight, capital hunts for yield in every corner. Once a loophole appears, it gets filled quickly; what’s left is usually the latecomers who become the bag-holders.
As the saying goes: in the crypto world, there has never been easy money. The more an opportunity looks like it’s risk-free, the deeper the traps underneath might be.
#币安 #加密市场 #arbitrage
Actually, if you think it through, it makes sense: if redemption could be used for one-way arbitrage, it would be like handing money to the market. The protocol side would definitely plug that loophole. What’s really worth paying attention to is Binance’s full 2% funding fee—this means the holding costs of both long and short positions are becoming significantly differentiated, and market volatility could be amplified further.
Bifrost and Four.Meme being pulled into this topic also indirectly shows that the market is extremely sensitive to any "arbitrage opportunities" right now. In a broader environment where money is tight, capital hunts for yield in every corner. Once a loophole appears, it gets filled quickly; what’s left is usually the latecomers who become the bag-holders.
As the saying goes: in the crypto world, there has never been easy money. The more an opportunity looks like it’s risk-free, the deeper the traps underneath might be.
#币安 #加密市场 #arbitrage