I underestimated, it was 0.1863% which is 667% annualized!
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Had to look these up. Wild. They even have quantos!?
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Weird—they’re charging funding to long DOGE positions? Over on FTX the June futures are trading at a small discount to perps… I guess the moral of the story is that crypto STIR markets are still the wild west, no surprise there
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"Crypto STIR" keys think about that. Contrast and compare to the forwards guys of yore
End of conversation
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