Liquidations are everywhere!!!!
Not exactly a fun time for us traders lol
And when we're trading perps, price moving against us isn't the only thing we need to worry about.
Funding can slowly eat into our margin too, especially when we're holding positions for longer.
Sometimes we're already dealing with a bad market move and still paying funding on top of it.
Was looking at what @grvt_io is planning with stable funding perps
Zero trading fees and funding settled just once a day.
> they're also bringing stocks, FX, commodities
> indices into the picture
> targeting 1,000+ markets by december
Quite a lot if they manage to pull it off 🫡🫡
The once daily funding part is what I'm more curious about.
We're used to funding being settled every few hours on most perp exchanges.
But once a day? That's a different approach
Ofc it doesn't automatically mean we'll pay less. The actual funding rates still matter.
And it won't stop us from getting liquidated if the market moves hard against our positions.
Still, having fewer funding settlements and potentially more predictable costs sounds worth exploring.
Let's see how @grvt_io handles this when it rolls out in November.
If they can actually deliver competitive funding rates, deep liquidity and decent execution, I can see more traders giving grvt a try
- Liquidations are everywhere!!!! Not exactly a fun time for us traders lol And when we're trading perps, price moving against us isn't the only thing we need to worry about. Funding can slowly eat into our margin too, especially when we're holding positions for longer. Sometimes we're already dealing with a bad market move and still paying funding on top of it. Was looking at what @grvt_io is planning with stable funding perps Zero trading fees and funding settled just once a day. > they're also bringing stocks, FX, commodities > indices into the picture > targeting 1,000+ markets by december Quite a lot if they manage to pull it off 🫡🫡 The once daily funding part is what I'm more curious about. We're used to funding being settled every few hours on most perp exchanges. But once a day? That's a different approach Ofc it doesn't automatically mean we'll pay less. The actual funding rates still matter. And it won't stop us from getting liquidated if the market moves hard against our positions. Still, having fewer funding settlements and potentially more predictable costs sounds worth exploring. Let's see how @grvt_io handles this when it rolls out in November. If they can actually deliver competitive funding rates, deep liquidity and decent execution, I can see more traders giving grvt a try
Is it live or on testnet?
