0xNeo

Independent thinker

[0xNeo @0xNeocrypt]

@Zero_Arb I track ~900 crypto projects filtered by market cap, exchange listings, and a few other metrics through my own platform

[0xNeo @0xNeocrypt]

My main occupation is funding rate arbitrage
Recent plays $LAB $HOME $ESPORTS

Ask me anything

[0xNeo @0xNeocrypt]

@BitcoinSnipe LP is not even locked…

[0xNeo @0xNeocrypt]

Most likely the next crime from the $LAB team.

Seeing way too many signals on-chain to ignore.

[0xNeo @0xNeocrypt]

@ryandcrypto Yeah, if Thai or Vietnam was part of the plan

[0xNeo @0xNeocrypt]

@ech3phr0n 🤣🤣🤣🤣

[0xNeo @0xNeocrypt]

@BitcoinSnipe Simple - Retail shorts, pays massive funding, and eventually gets wiped out.

Crime MM (Top traders) uses that liquidity to close longs opened 5x lower.

[0xNeo @0xNeocrypt]

Enough for today will finish it tomorrow

[0xNeo @0xNeocrypt]

Yeah bro, shot lab:native crime pump, bring your knife to a gunfight

Here’s why shorting crime pumps means playing MMs game👇

Yesterday LAB hit ATH and crossed 7 BILLION DOLLARS Mcap, $7B for a platform which can be vibecoded within few weeks.

Sounds like an obvious short but … it’s not

[0xNeo @0xNeocrypt]

Why do crime MMs keep spot above perps?

Simple: funding.

The wider the gap between spot and perps, the larger the funding rate.

When spot > perps = funding turns deeply negative. Longs get paid to hold their positions, while shorts foot the bill.

In extreme cases, shorts end up paying 2%+ per hour just to stay in the trade.

Eventually, many are forced to close at a massive loss.

That’s where the liquidity comes from.

The same liquidity crime MMs can use to unwind longs accumulated 3–5x lower.

[0xNeo @0xNeocrypt]

@ramonos Crazy how SOL reclaiming $100 can feel bullish 🤣🤣

[0xNeo @0xNeocrypt]

@SkylineETH @legiondotcc It’s actually 2.5 months

[0xNeo @0xNeocrypt]

Here’s how you could’ve farmed $LAB yesterday with close to zero directional risk.

When $LAB nuked from $26 ATH to $6, the spread between Binance and Bybit perps blew out to ~17%.

The play:
long Binance / short Bybit and wait for the spread to compress.

Stats after funding:

16% — entry spread
9% — exit spread
1.6% — funding paid

= ~5.4% made in ~40 minutes on a market-neutral trade.

[0xNeo @0xNeocrypt]

@Walter_Su11ivan @BriskcapitalXBT My personal platform

[0xNeo @0xNeocrypt]

@LRivera72094149 @BriskcapitalXBT My personal trading platform

[0xNeo @0xNeocrypt]

Here’s why there’s a 10% price gap between the most liquid $LAB perp markets.

The answer: funding.

Right now Binance trades ~8–9% below Bybit simply because funding there is ~1% lower.

At first glance it looks like free arb:
long Binance / short Bybit.

But that hedge bleeds ~1% of position size every hour through funding.

So if the spread doesn’t close within ~8–10h, the “free money” trade turns into a loss.

[0xNeo @0xNeocrypt]

Third — first token unlock is on August 14.

That gives them ~2.5 months to send $LAB to $30, $40, even $50 if needed, and fully liquidate everyone shorting because of “new ATH”, “rave price pattern”, or whatever else.

[0xNeo @0xNeocrypt]

Here is why going LONG on $LAB is actually less stupid then opening short

First — funding rates.

In the last 24h alone, shorts on Bybit paid ~14% of their position size to longs because funding went deeply negative.

Over the last 3 days, that number is closer to 30%.

So even if $LAB nukes to $14 from here, most shorts basically break even after funding.

[0xNeo @0xNeocrypt]

Second — and this one is pretty obvious — $LAB is heavily supply controlled.

~99%+ of the supply is allegedly sitting in team/MM hands, which means spot price is basically whatever they want it to be.

They’ll push price wherever it’s most profitable for their synthetic perp exposure.

Right now they’re most likely net long, farming funding from everyone who panic shorted the new ATH.