https://traders-bible.web.app/ working so well!
I've been testing out this basis trade where I go long and short on the same asset and am able to earn a nice funding rate. This tool that David built, called Trader's Bible, is working very well. It makes it easy to access a lot of the information that GMX makes it hard. Checking on this tool daily to make sure that I have a positive funding rate on my short. What are the main risks associated with this strategy? Here are the risks that come to the top of my mind and I count on you guys to let me know if I'm missing something. - Counterparty risk - Smart contract risk - De-Pegging risk - Funding rate change risk - oracle risk Since there is no directional risk with this strategy because it's neutral, what else could possibly go wrong?