Battles of Titans happening on Finex
@J0E007 @SBF_Alameda @john_j_brown ... many othershttps://twitter.com/wawin/status/1228730806790762502 …
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could you explain why finex derivatives has steadily 0% funding with increasing open interest? seems like an unique situation compared to any other exchange. Basically holding a position for free either way? Also any chance to use any other collateral (btc/tether gold) in future?
If overall spread over 8 hours net within 5bps we don't charge funding while other platforms have 1bps. We believe it's an interesting differentiation.
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And we love you for it! Just .25% hurts sometimes... rather have that as a daily cap not an 8 hour cap
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It is quite stable at 0 https://www.bitfinex.com/t/BTCF0:USTF0/details … Of course it jumped around with the upgrade of the 11th due to the prolonged downtime. Thanks for the support btw
End of conversation
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