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Peng Feng’s “rent collection” operation actually refers to arbitraging the funding rate of perpetual contracts. Large traders (institutions) go long on spot or ETFs while shorting perpetual contracts, earning the funding rate paid by longs to shorts. If retail traders use high leverage to go long and frequently pay funding fees, they end up “paying rent.”
Specific operation: choose a cryptocurrency whose funding rate remains consistently positive (such as BTC), buy in the spot market, and short the same amount on contracts to periodically collect the funding rate. Note that you must watch for funding rate fluctuations and liquidation risk, and keep your margin sufficient.