Some say that a certain leading exchange's popularity has recently declined, but the profit situation isn't as bleak as it seems. Although trading volume has surged, leading to dilution of pure trading volume share, which is normal. Interestingly, the OI distribution has not been diluted along with the platform's open interest—I've analyzed data from the past three weeks, and on average, about 13k of OI corresponds to each distribution point, which remains quite stable. Even without considering the earnings from arbitrage funding fees, this distribution alone can fully cover the funding costs of trading. This indicates that during this trading peak, the profits for the position holders are actually more secure.

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MetaverseLandlordvip
· 01-10 20:10
Data speaks: low popularity does not mean no profit, and the OI distribution is indeed very stable.
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MagicBeanvip
· 01-10 19:49
Data speaks: declining popularity does not mean poor returns. The stable 13k OI ratio indeed refutes those bearish arguments.
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GateUser-addcaaf7vip
· 01-10 19:47
With such solid data, who still says it's not good? Laughs
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YieldChaservip
· 01-10 19:34
Data speaks: declining popularity ≠ earning less. Not many people understand this logic.
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