I once encountered a situation where the funding rate spiked to an absurd level. My hands were itching to “eat” the funding rate by taking the opposing side’s liquidity—then I entered the trade, and within minutes a single “needle” wiped me out… To put it plainly, when the funding rate is extreme, market sentiment is already completely unhinged. You think you’re just picking up money, but really you’re wrestling with volatility.

After that, I’ve become more inclined to “hide”: either I simply don’t touch futures, or I keep a small spot position and let it cool down on its own. Dealing with the opposing side isn’t impossible, but you have to be mentally prepared—because the fee is what you stand to earn, while what you may lose is your sleep and your stop-loss discipline.

Recently, AI agents and automated trading have been hot again. I’ve seen plenty of people hype “automated on-chain interactions” like it’s basically cheating. As for me, I’m not too willing to let a script charge in and make me impulsive… If I haven’t worked out the safety clearly, earning a bit less is fine. At least I won’t end up writing “FOMO” into my post-mortem.