1) ftx.com/trade/THETA-PE is now trading at about $0.35. Binance is at about $0.30, Huobi is about $0.43, and OKEx is about $0.3; so it makes sense, I guess, to be somewhere in that range.
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2) Note that Binance perps are totally dislocated from the market. That's because:
1) they cap their funding. The upside is lower funding; the downside is there's nothing that forces their perp price to be the same as the index
2) not sure what their index is, can't find it
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No arbitrage? Strangely...
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Is $THETA leading bitcoin? Are we in the upside down? Is funding really -0.6% to long?
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