if you're doing 100M+ monthly volume on hyperliquid/lighter and your strategy is not performing as you want because of the fees, I have a solution for you.
DMs open.
Desired Orders Are Not Live Orders
In the next part of my series on building an HFT system, I talk about order tracking and some of the hidden race conditions that can bring an automated system to its knees. A must read!
https://t.co/hVYVOO4PFc
@BasisBandit Bad for fastest arb then, one could argue in both direction tbh, there are papers showing benefits of speedbumps and other showing the opposite
I just think it should be more transparent similar to priority fees
What does that mean for arb/hft ?
01/ bigger players -> more alfa in the flow there
02/ priority fees should be independent and not used there imo, otherwise it will just create an unjustifiable inflation (similar to multi dimensional eip1559)
03/ lots of arb opportunities especially if other countries follow the same path + deeper liquidity/closer to cme
04/ speedbump should be different there too as makers are whitelisted
Excited to work with Payward to forge a path for onchain derivatives built on Hyperliquid's infrastructure. Kraken is one of the most trusted and respected exchanges in crypto. They are also true believers in the technology and crypto ethos. We're honored that they are building on Hyperliquid to bring the next evolution of perpetual markets to the United States.
This is one of these interesting behaviors we've also witnessed on OKX, keep an eye on it!
> During US stock trading hours, Binance only lags Nasdaq by 50-60ms. Whereas normally, getting Nasdaq feeds in Tokyo is at least 75ms+.
one of the worst thing in HFT dev is deadlocks, worst thing is the existing debugging tools in rust are sh*t
- not adapted for agents usage
- slow
- cannot tell you precisely who is holding the lock when
we can do better than this, and thanks god it's one prompt away