Abraxas Capital Records 10.2% Returns in 144 Days via Gold Futures Funding Rate Arbitrage

XAU-0.58%
According to Hyperinsight, whale trader Abraxas Capital has generated $358,000 in funding rate arbitrage over 144 days by maintaining a 5x leveraged short position on gold futures. The accumulated funding rate settlement represents a 10.2% return on the initial position, translating to an annualized yield of approximately 25.9%.
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