How I secured back to back fat PnLs trading funding rates
Thread on how to use my scripts @Boros_fi by $PENDLE
Because this is going to be a BIG DEAL very soon.
@boros_fi If you need an intro to trading funding rates, check the thread attached
The 2 scripts you need are on my TradingView page in my bio:
Predicted Funding Rates and Synthetic Implied APR
@boros_fi Settings for 15min:
1) Predicted Funding Rate
2) Synthetic implied APR, weight = 0.7 (for entries)
3) Synthetic implied APR, weight = 1 (for funding trend)
For higher timeframes, just adjust 2) with a lower 'MA length for implied APR' (hourly becomes 50 etc)
@boros_fi For Longs:
- Synthetic trend (bottom here) has to be green
- Synthetic implied APR crosses below and above its MA (middle one)
- Price trend is up
For Shorts:
- Synthetic trend is red
- Synthetic implied APR crosses above and below its MA
- Price trend is down
A few cheat sheets I made, might come in handy
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