I often use perps to hedge long trades, but now I’ve taken some profit into ETH, which I’m moving into my long-term wallet.
Not sure what will happen in the medium term, but does anyone have a good resource for learning about hedging longer term positions? Doesn’t make much sense to pay funding on a perp position for months and months.
At the moment I’m leaning towards writing calls on Lyra, FYI. Curious to hear anyone’s thoughts.
Combo Network is the first game-focused Optimistic Rollup solution built on the Binance Smart Chain (BNB) that aims to provide L2 scaling solutions for Web3 game development.
You can hedge by selling short on an number of lending platforms like aave … can’t leverage quite as hot but you’ll pay significantly lower fees long term than what the funding rate is …