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Sam (Interop Enjoyoor 💜)

Following0Followers (X)10.75KPosts173Likes3.78K
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I opened up a low OI tradfi DN on @variational_io and @OndoPerps $WEN offers a 661% funding APR on shorts yearly on Ondo while on Variational, funding is 0% annually. All I did was opening a short on Ondo and a long on Variational so as to capture funding on both legs. $WEN offered a 88% sustainability across the past 30 days so this is a neat move. Just incase you do not know, trading low OI pairs on variational is weighted heavily so using this DN method creates a safe basket where you do not have to lose money on fees because you are trying to create volume on low Oi pairs. I hope this helps. Thanks for playing...

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Last week on @variational_io, I managed to do a total of 17.82 points for about $150 in loss. Asides from running DNs against diff perps, I also took a lot of directional trades which enabled me to lock in more volume too. 17.82 points at 30$ per point is worth around $534 which is more than 3x of the amount of loss I incurred this week, IMO. I did around $112.7k in volume on low OI crypto pairs and I did around $88.1k in volume on fairly low OI tradfi pairs. My OI focus ranged from $30k- $10M and that was all I did for the previous week on Variational. Thanks for playing! 🫡

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Smol alpha: In my opinion, in terms of DNs, using @popdex_ and txflow is a free money glitch, tbh. Take for example, I opened a $3000 $SKHYNIX DN position on popdex and the only perp that could balance out the leg for me was txflow. shorts were paying around -1980% on popdex hourly while longs were paying around 14.40% on txflow hourly. To capture funding here, I opened a long on popdex and I opened a short on txflow. Txflow offered a decent liquidity that could match the available liquidity on popdex without incurring a ridiculous spread loss due to thin liquidity. Although the funding is not very stable on popdex but the 2 hours of receiving funding on popdex is more than enough to pay for spread and fees on both legs. So far, I have collected $3.35 in funding on popdex.. Looking forward to seeing how long the funding is going to last for before it flips. Stay tuned for more updates 💜...

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So far, I have collected a total of 5 tickets for free via DNs in the Epoch 2 of the @popdex_ megapop campaign. Epoch 2 of the megapop campaign ends in few hours and the result of the verifiable draw would go live. Fingers crossed on however it is going to play out. How bout you, how many tickets have you collected in this epoch ?

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This week on @arcus_xyz , I managed to snag a total 7.45 points for $116.8k in volume. This translates into $15,677 per point. My volume per point this week is more expensive than that of last week because my holding duration was much lower than that of last week. This is evident that OI on stocks is weighted more than just pushing raw volume. Regardless of that, I managed to keep my weekly PNL in green.. The pair that pushed my Arcus portfolio into a loss was the BOT/USD pair because the losing leg of the DN was on Arcus. Asides that, this week was quite profitable. Thanks for playing! How bout you, how did you do on Arcus this week?

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$SKHYNIX currently pays around 320% in funding on Popdex and TXflow presently. On @popdex_, shorts pay 188% annually while on TXflow, longs pay 52.3% annually. Both legs have a sustainability of 71% over the last 30 days. To capture the funding, I opened a long on Popdex to collect funding and I opened a short on TXflow to collect funding. Looking to see how this one is going to play out. Stay tuned for more updates.

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I started interacting with @jumperapp via the perps and here is how I did it: - To properly interact with Jumper perps, my major focus was utilizing the @OndoPerps route. - The reason I used the Ondo perps route is because of the weekly $USDC rewards and the weekly points allocation on ONDO. - Coupling all that with the $JUMP reward that might come from using Jumper Perps and the weekly $USDC rewards would make this a free farm in my opinion. - Using a DN strategy here would make the cost for the JUMP rewards reduce drastically. Other things to note include: - Ondo fees via Jumper perps is 2.5x more expensive than using Ondo itself. - Xperps went live yesterday and it would serve as a means of tracking your perp points on Jumper. Points ought to convert into JUMP. - You get a Xperp multiplier if you have a jumper loyalty pass. (level 25+ gets a 1.2x points boost. ) what matters the most is how well you scale without running your portfolio down by burning through fees. Genuinely, I am hoping this plays out well at the end. JM 💜

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$252 collected in funding in under 18 days from this $S position on N1. Net is around $240 cause the spread is now in my favor. (around $9) So far, I have paid around $21 in funding on variational and I have collected a total of $252 in funding on N1. Total funding I have collected from N1 on this $S position is around $600.. Looking forward to holding this position till the funding is worth around $500. I bet that would be fun to see. ngl, delta neutral positions has really helped me in my weekly perps farm as it makes points free to farm for me. Looking forward to seeing how this one would play out.

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I finally closed the $4,000 ZEC position on both legs with a net of $8.63. This would be the 3rd day of collecting the ZEC funding and so far, I have collected around $6.171 in funding on @popdex_ while on TXflow, I have paid around -0.743215.. This brought my net funding to $5.431.. I closed my positions with limit orders and it gave me a decent spread of about $3.2.. This brought the net total of my position to $8.63.. Thanks for playing...

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So, the funding flipped already and I managed to escape by just barely $1 in fees on both legs. I collected around $2.76 in funding on arcus and I paid $0.42 in fees to open my position which made the net $2.34 in funding. On Arcus, I managed to close my position at a $37.88 loss while on Variational, I managed to close my positions at a profit of $34.87. After adding what is left of the Arcus funding, my net PNL scaled up to $37.21 which left me with a $-0.67 loss. I had to close the orders on both legs in bits because the OI is low and the slippage is high. Closing it in bits protects you from the unnecessary losses caused by slippages. With that, I was able to open and close a $8,000 position without spending up to 1 $ in fees.. Thanks for playing..! 🫡