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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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3) THETA trading has been pretty wild the last day! It's gone up and down 50%. But because of the mainnet upgrade, most exchanges are deposit/withdrawal blocked, and so no one can arb them--so they're all dislocated from each other.
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make sense to include exchanges without depo of theta where with 10K$ u can manipulate prices higher so as to extract nice funding on ftx . meanwhile stay at the mercy of huobi/okex to enable deposits. binance capped funding is not at its cap right now with proper d/w available.
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To be clear: 1) Binance was d/w blocked until very recently as well 2) it doesn't do much if everywhere else is d/w blocked, there's nowhere to send it 3) for most of the time Binance was the spot exchange trading most out of line
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binance spot is the most liquid out of the 3+ it has working deposits/withdraw . okex usdt market has no trades done for the last 15 mins . you can literally raise the price by 5% with 10 k$ . alameda probably lost money to shorters and hoping to recoup with index fudging .
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