RT
@Crypto_Pranjal: Want to farm perps airdrops, but scared of getting rekt?
Here’s a method people use 👇🏻
Pick two perps DEXs and deposit the same amount on both, say $500 each.
> Long a coin on DEX 1
> Short the same coin on DEX 2
Same coin, same position size.
Coin pumps? Long wins, short loses.
Coin dumps? The opposite.
The idea is for one side’s profit to roughly cover the other side’s loss.
Hold both for a day or so, monitor them, then close together. Before repeating, move funds across if you need to balance the accounts.
Personally, I would recommend using:
DEX 1: Arcus:
DEX 2: TxFlow:
You’ll still pay fees, funding and slippage. Keep leverage low because one side can still get liquidated.
Personally, I don’t do this. I like picking a direction and taking the trade. But that’s the idea behind farming both sides.