230: Oliver Chalk – ETH Mining Experiment; Gateway to Full-Scale BTC Basis Trading
Chat With Traders
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How to Trade FTX for Profit
We mainly trade FTX. Or that's where the one we most think about in terms of designing our strategy. The way the funding rate is calculated is you take the average premium over the hour and you divide it by 24 because there's 24 hours in a day. We rely on FTX's indexes to reward us appropriately. So roughly speaking, if you can get a good entry, you rely on the exchange to pay you your dues... It's worked out reasonably well so far.
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