Recently tried a delta neutral strategy on @GMX_IO. I took a 1x short on $ETH and put up equal amount ETH as collateral.
23 Nov 2023, 11:56
Recently tried a delta neutral strategy on @GMX_IO
I took a 1x short on $ETH and put up equal amount ETH as collateral. Just collecting funding fees.
Seems to have made about $700 after a week on a $150k position.
Not bad, around 24% APR. Just need to watch funding rates.