Market's been a mess this week, but BTC funding is at least consistent. That's what I like about a basis setup. You're not betting on direction. You're getting paid from the…
Original source excerpt
Market's been a mess this week, but BTC funding is at least consistent. That's what I like about a basis setup. You're not betting on direction. You're getting paid from the funding while everyone els…
Market's been a mess this week, but BTC funding is at least consistent. That's what I like about a basis setup. You're not betting on direction. You're getting paid from the funding while everyone else fights over it. If you're sitting in stables waiting for the chop to end, IMO it makes more sense to earn something on them than to leave them doing nothing, by doing the basis trade on @RenzoFinance you're actually automating it in your own self-custody Hyperliquid/Lighter account, which is pretty cool. Eventually, and with more strategies and traction in general, $REZ will sooner or later get a bid that will surprise many, since revenue will flow back to the token. But first we need Bitcoin to bottom fr.
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