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We listed ftx.com/trade/ALT-PERP, our altcoin index future, 3 days ago. Since then it's down from 1,000 to 850. What trade would you do here?

20x long: buy the dip
25.3%
20x short: ride the trend
20.7%
Long BTC, short ALT
38.5%
Long ALT, short BTC
15.5%

174 votesFinal results

SBF

@SBF_FTX

12:31 PM · Jul 12, 2019Twitter Web Client

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You can also hold 3x long ALT with ftx.com/tokens/ALTBULL and 3x short ALT with ftx.com/tokens/ALTBEAR -- no need to manage your margin!

ftx.com

FTX

Cryptocurrency Derivatives Exchange

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and

But can I trade a futures/swap curve and receive long funding while being short or conversely is the interest likely to stay positive for perp. shorts like ETHUSD on Mex due to gamma?

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ETHUSD on Mex is weird because it's quantosed, so it'll almost always pay to shorts. FTX's futures are all standard USD-settled futures, so their funding rates will be much closer to 0 and could be in either direction.

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