It takes a lot for an out-of-touch rich guy to admit what everyone with a job and common sense already knew. This is why Gen-Z is so angry. They can’t catch up.
there's a live arb between Anthropic pre-IPO perps on Hyperliquid and Lighter, feels like free money
the spread blows out past 2.5% roughly twice a day, then converges back to 1%, sometimes within 40 minutes
long the cheap one, short the expensive one. that's 1.5% gross if you catch the move
$10k each side, ~$300/day, ~$2,100/wk gross
Lighter's order book is paper thin, push much beyond $10k and slippage starts eating the trade
works as long as the IPO goes ahead as scheduled. any delay or news changes the bet
@RobinGuards this has always been the case tho, mostly scammers
some have real influence that bring buy volume but that has faded a lot in the last year or so