Arbitrage
crypto funding rate arb: the quiet alpha i've been running for months
·1364 words
past 2am. BTC arb just settled a clean +$870 position. wide awake. writing this instead of sleeping.
been running a funding rate arb strategy across my crypto book since late november. never posted about it because honestly it’s kind of a boring trade to explain. no dramatic wins, no blowups, just steady quiet alpha sitting off to the side of everything else. averaging $2-4k a month net with basically zero correlation to my options or futures book.