@krugman87 : These aren't naked shorts. ETH futs are in contango so cash and carry traders buy spot, short the futures, and hold both to expiry and pocket the difference for low risk yield that pays over double the yield of 150y bonds. Holding spot crypto has 0 hold costs, making this even • TwiCopy

Krugman

@krugman87

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Dad of 5 • Dev • Candlestick Whisperer • Crypto class of 2019

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calendar_today13-11-2022 01:19:03

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Krugman

@krugman87

a month ago

These aren't naked shorts. ETH futs are in contango so cash and carry traders buy spot, short the futures, and hold both to expiry and pocket the difference for low risk yield that pays over double the yield of 10y bonds. Holding spot crypto has 0 hold costs, making this even

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