> The “perpetuals” this industry has seemingly invented charge high rates to keep a position open, daily. There is a funding charge to keep the perpetual in li

> The “perpetuals” this industry has seemingly invented charge high rates to keep a position open, daily. There is a funding charge to keep the perpetual in line with spot, but note: one side (typically longs) pays, the other side (typically shorts) receive. This is akin to the good old spot/future arbitrage.