My grandmother left me an old, worn-out couch in her will before she died.
My relatives laughed, calling me her favorite. While I was fixing it up, I found 150k$ sewn inside
I used the money to buy an apartment and didn't invite a single member of my family to the housewarming.
@HyperliquidX 7/ Stop averaging into broken spreads like a The Big Short Hero.
Without a clean, two-way conversion bridge, there are 2 isolated order books. this isn’t arbitrage it’s two isolated casino rooms playing different games.
Spread SKHY - SKHYNIX.
Thread.
1/ The spread between Korean tech stocks and their US ADRs just blew past 22%. Longs are getting absolutely itemized on funding just to hold the line.
Why is this "free real estate" arbitrage completely broken right now? 🧵👇
@HyperliquidX 6/ Why this is lethal if you're trapped:
The funding rate on synthetic indexes is a literal death sentence. If it hits 0.08% every hour, you can't say "sit a little longer"