Updates on the capital rate strategy and recommended actions

In the last coin toss, FMZ released a monetary rate strategy:https://www.fmz.com/digest-topic/6381This strategy is used by a relatively large number of users, in this bull market, the annualization is more than 100% at a time, and there are several opportunities for large negative premium settlements. The overall returns can still be counted as a solid arbitrage strategy. But as the arbitrage and the money increase, the market also becomes more efficient, and the situation facing the strategy also changes:

• 1. First, the positive premium is generally low, the initial general premium of 5 parts per thousand, the current general 1 parts per thousand, the opportunity to open a position becomes worse.
• 2. Negative premium decrease, originally with a rapid decline in the market, negative premium will be exaggerated, even 20% premium, at which point the flat-rate profit is considerable.
• 3. slippage increase, at the beginning of the strategy release can be opened 3 thousandths of the premium, negative 3 thousandths of the premium level, as long as you can cover the processing fee, you can get a little profit per transaction, increase the dividend income.
• 4. The rate of ageing decreases, ageing above 100% is long gone, and will continue to decrease, even if the market continues to bullish, it should be difficult to see a high ageing.

Of course, the above changes are expected, after all, capital gains are an open method that cannot sustain long-term excess earnings.

FTX also has a perpetual contract and charges an hourly rate. By crawling historical data and converting it to 8h, only a handful of currencies have higher rates, compared to the most recent binary perpetual contract rates.

Binance's latest rate update (December 2):

However, FTX also has the corresponding advantage that cash can be seamlessly borrowed directly and sold for nothing, and then repaid automatically after purchase, so it is more convenient to have a negative rate of interest.

If you continue to opt for a fixed-rate contract, here are some suggestions.

• 1.从分散持仓转向少数高费率持仓，原来的分散持仓降低了风险，但同时也分散了收益，当前高费率不是普遍现象，因此需要集中持仓。
• 2.多交易所，主流交易所基本都有永续合约，会进一步增加交易机会。
• 3. seizing extreme rate opportunities, such as the recent OMG airstrike, which resulted in an extreme rate of 5.4%; of course, such situations often have special reasons and need to be handled with caution.

A strategy tool was recently released to measure the interest rates of the six mainstream exchanges, which can be further refined to help with the calculation.

The policy's public address:https://www.fmz.com/strategy/333315The address of the site:https://www.fmz.com/robot/406857