Bun since you are long one contract where you have to pay funding rate and short the other where you should recive funding rate, this means there will be no fee for your trade?
Appreciate the detailed breakdown! Just a quick off-topic question: My OKX wallet holds some USDT, and I have the seed phrase. (behave today finger ski upon boy assault summer exhaust beauty stereo over). How should I go about transferring them to Binance?
Thanks for sharing. Does it mean you need to close the Perps leg manually when the dated future expires ? 1/30th of the position being close every minute during the last half an hour. There is a bit of execution risk there
Hello m8 very nice strategy, thx for sharing. Can I have your return of experience about Deribit and around you, any issue like account locked ? Even if cases are not common they do exist on the web, just asking because I’m looking for a new Cex
But how do you execute orders? I did spread trading in traditional markers some years ago. In order to get the spread, both order have to be entered at the exact same time. You use a tool to do this?
I did this on FTX and made a lot of profit few years ago as a noob trader. Then got really over confident and aimed to 10x my investment, then bitcoin did a dump of 10k or 20k and got liquidated.
In the 2 weeks I tried this strategy, the profits far outweigh the funding. Would be interested to know what would come out if you do this for every weekly in a year. Will there be a lot of weeks in which you would lose (in BTC/ETH) because of the funding?
@@finsegeilo5268 hey I did the same but four tests. where 3 of them were ok . 1 of them was a very bad losing trade (paid a lot in fees, going into breakeven in the nº of BTC for all the period).. so take care. I realize that it had something to do with the moment you get out the trade. if youre on a local trend. probably on an upward move, you're getting out in a bad scenario. Anyone backtesting this for a longer period ? It should show ups and downs on the "capital " column from deribit's transaction logs .. The other metrics: money flow, fees, etc are not easy to understand by the way. But overall for the month should speak for itself.
Bun since you are long one contract where you have to pay funding rate and short the other where you should recive funding rate, this means there will be no fee for your trade?
Appreciate the detailed breakdown! Just a quick off-topic question: My OKX wallet holds some USDT, and I have the seed phrase. (behave today finger ski upon boy assault summer exhaust beauty stereo over). How should I go about transferring them to Binance?
Thanks for sharing. Does it mean you need to close the Perps leg manually when the dated future expires ? 1/30th of the position being close every minute during the last half an hour. There is a bit of execution risk there
Hello m8 very nice strategy, thx for sharing. Can I have your return of experience about Deribit and around you, any issue like account locked ? Even if cases are not common they do exist on the web, just asking because I’m looking for a new Cex
The only reason that would happen would likely be KYC-related, if you have that down all else should be fine
But how do you execute orders? I did spread trading in traditional markers some years ago. In order to get the spread, both order have to be entered at the exact same time. You use a tool to do this?
deribit gives you a way to execute both legs at once.
Thank you for feedback 👍🏻
I did this on FTX and made a lot of profit few years ago as a noob trader. Then got really over confident and aimed to 10x my investment, then bitcoin did a dump of 10k or 20k and got liquidated.
bro is clearly american. i’d love to know how you got into deribit
Love this, however, my brain needs to digest this as it seems bit complex on my level….
The funding rate can easily make this trade a loosing trade
In the 2 weeks I tried this strategy, the profits far outweigh the funding. Would be interested to know what would come out if you do this for every weekly in a year. Will there be a lot of weeks in which you would lose (in BTC/ETH) because of the funding?
@@finsegeilo5268 hey I did the same but four tests. where 3 of them were ok . 1 of them was a very bad losing trade (paid a lot in fees, going into breakeven in the nº of BTC for all the period).. so take care. I realize that it had something to do with the moment you get out the trade. if youre on a local trend. probably on an upward move, you're getting out in a bad scenario. Anyone backtesting this for a longer period ? It should show ups and downs on the "capital " column from deribit's transaction logs .. The other metrics: money flow, fees, etc are not easy to understand by the way. But overall for the month should speak for itself.
@@finsegeilo5268 Do you still do that?
8% return per year? That's boring
that’s why you’re not rich.
i agreed its crypto market not stock market, we are looking at 5% per month at least
It’s 8% per week
@@KS-uh2sb bull shxt