Day 547: How to get paid while farming 2 airdrops.
One of the best ways to farm perp DEXes is by capturing funding arbitrage between two exchanges.
You earn funding while simultaneously farming points on both platforms.
The downside is that funding can flip or slippage can eat your profits.
Luckily, @lorida256 built a free tool that shows the 7D funding APY and the entry cost so you can can calculate how long it takes to break-even
Makes it much easier to know if a trade is actually worth taking. Personally, I wouldn't use more than 3x leverage.
Pretty goated tool and completely free to use.
https://t.co/MVEzyOIVUD
I solved a 0.5 ETH cryptographic puzzle on Ethereum, unsolved for 8 years, with the answer hiding in plain sight.
Three more of the same kind remain open, worth 2 ETH combined.
At almost every conference from 2011 to 2012, we gave away hundreds of physical Casascius and digital Bitcoins. You'd simply walk up to us and ask. Actually, we pretty much forced it on you. 😅
Yes, we gave away billions of dollars.
If you were given the opportunity, I bet you'd do the same!
If you use https://t.co/uBwy77Fip8, let me give you some advice that'll maintain your sanity whilst providing only the relevant information. Turn trade pings off. Turn liquidation pings on. Set it to the lowest possible threshold so you hear all liquidations. Moderate pings? Price is retesting an existing high or low. And if subsequently you hear a loud ping during low volatility hours, the MM's have hunted a stop. And if you here the pings scream -- that's a cascade, obviously. This allows you to simply use aggr for the pings and not have to view the charts so your set of eyes can focus on other tasks.