wantonwallet

Long ETH/TRX Spread. A reasonable way to make 63% in 4months?

Long
Mean reverting in the spread. Long 1 ETH per short 20,633 TRX targeting 33,000. Can do on Bybit or DYDX. Funding isn't great, you prob end up paying 15% annualized at worst, but 63% return would outweigh that by many multiples. Obviously best would be to buy the ETH as spot and short the TRX on perps, then it's a positive funding trade.
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