Affandy

Tracking funding rates across CEX & Solana perps.
Posting daily data, spreads & simple hedges.
Not financial advice.

[Affandy @fandyCrypto]

@elonmusk Yeah too....

[Affandy @fandyCrypto]

Source: Axios https://t.co/xdNlDkRLRL

[Affandy @fandyCrypto]

Meta released Muse Spark Open, which it calls the most powerful US-developed open-weight AI model, and it's heading to Apple's high-end Macs. Meta and Apple teaming up on AI. Who wins when big models run on your desk? #AI #Meta #Apple #OpenSource

[Affandy @fandyCrypto]

Source: OpenAI docs https://t.co/AgYNEs9Hds and Digit https://t.co/yLvtJKCxCU

[Affandy @fandyCrypto]

ChatGPT can now read your open Chrome tabs. In Chat mode it gathers info across them. In Work mode it can fill forms, send messages and download files. Handy, but it can act on pages where you're signed in. Would you let an AI loose on your tabs? #AI #ChatGPT #Chrome

[Affandy @fandyCrypto]

@SawyerMerritt Really fly??

[Sawyer Merritt @SawyerMerritt]

OMG the Tesla Roadster just flew in the air!

[Affandy @fandyCrypto]

Don't miss out. https://t.co/z4OXTj8CUH

[Affandy @fandyCrypto]

Bitcoin ETF flows, Oct 7-13: -$485M, -$244M, +$21M, -$65M, +$176M. Net about -$598M.

Tuesday's bounce was real, but BTC still closed Oct 14 near $81.6K (-1.85%) after the hot CPI.

Dip buying is there. Conviction isn't, yet.

#Bitcoin #ETF

[Affandy @fandyCrypto]

Malaysia's haze now has a price tag: economists estimate RM20-50M lost per day, or RM600M-1.5B a month, from healthcare costs, lost productivity and disrupted business.

34 of 68 air stations are unhealthy today. Estimate, not a verified total.

#Malaysia #Haze

[Affandy @fandyCrypto]

US inflation re-accelerated: Sept CPI 3.7% y/y vs 3.6% expected (Aug: 3.4%). Core hit 2.6% vs 2.5% forecast. Gasoline +9.1% m/m drove half the gain.

Futures now price ~54% odds of a Fed hike on Oct 27-28, and BTC slipped to ~$82K.

Hot print, hawkish Fed. #CPI #Bitcoin

[Elon Musk @elonmusk]

Electricity production is the best metric for the true strength of any large-scale economy imo

[CoinMarketCap @CoinMarketCap]

LATEST: 🚨 Vitalik Buterin called the blockchain world “the front line,” saying the security problems it faces are ones “the rest of the internet is going to get.”

[Affandy @fandyCrypto]

What is a funding rate?

Perpetual futures have no expiry, so exchanges use funding rates to keep the perp price close to the spot price.

Simple rule:
• Positive funding → Longs pay shorts
• Negative funding → Shorts pay longs

[Affandy @fandyCrypto]

Big week for markets 🗓️

Tue: JPMorgan, Goldman, Wells, Citi kick off Q3 earnings
Wed: US CPI, forecast 3.6% y/y vs 3.4% prior
Thu: PPI, retail sales + TSMC earnings
Then the Fed on Oct 28.

Hot print = pain for stocks and crypto. Hotter or cooler, your call?

#CPI #Bitcoin

[Cointelegraph @Cointelegraph]

🇺🇸 UPDATE: The US Government's crypto holdings are now down $16B since its peak a year ago.

[unusual_whales @unusual_whales]

U.S. homes are now the least affordable on record.

You now need over $120,000 in income to afford a median-priced home, per the Atlanta Fed, more than the typical household earns.

30-year mortgage rates hit 7.24% in mid-September.

The monthly payment on a $500,000 loan has jumped about $400, to roughly $3,400.

Home sales have plunged to a 31-year low.

[Affandy @fandyCrypto]

Wall Street's AI bear case, in one chart.

Jefferies' Chris Wood warns the US AI boom may end in "massive capital destruction."

His data: Chinese models ran 36.39T tokens in a week on OpenRouter vs 7.39T for top US models, at ~1/4 the price.

Bubble or moat?

#AI #Investing

[Watcher.Guru @WatcherGuru]

FUN FACT: Bitcoin $BTC has a larger market cap than Bank of America and Bank of China combined.

[Bitcoin Magazine @BitcoinMagazine]

NEW: 🇧🇬 Bulgaria's First Investment Bank will offer Bitcoin and crypto assets to over 1 million clients 🚀