I recently locked in some Aster funding fees, the funding fees are just too good. From what I know, arbitrage teams are crazily buying spot on Binance or HL to capture the funding fees. I’ve got a bunch of spot myself, so of course, I’m going to take advantage of it. Aster is the first to use positive funding fees on contracts to force teams to buy spot for arbitrage. Using contracts to push spot prices up—this is something you don’t see every day. The only explanation I can think of is consensus. Retail and institutions are both going long on contracts, causing a huge and persistent price gap between perpetuals and spot.