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Recently, the operational approach of this project has indeed been quite aggressive. During the daytime phase, they quietly position themselves in short positions, and by evening, they start to疯狂 eat up the funding fee差价. Although the funding fee has now fallen from a high level to around 0.35, this range is still considered quite high. Short traders are feeling a bit uncomfortable, as they are essentially being charged a fee every hour.
On the other hand, the long side's strategy—opening 10x leverage and疯狂ly acquiring this部分 funding fee—can generate quite substantial returns from fee rate fluctuations. The entire process is like a tug-of-war over funding fees between longs and shorts; whoever masters the rhythm can profit from it.