Hi i was charged a -433% apr arbitrage profit today in a bot UNI/USDT spot futures arbitrage and i wanted to ask why did this happen because the number is ridiculously high and i would like to know what caused it and if i can prevent it somehow
Answer
In a market crash the funding fees goes negative , the numbers for the negative funding fees can be very high, if this happend the apr can also go up . in a negative funding rate its sometimes advisable to close the bot thats if its very hight if its something small you can ignore because the positives will over ride it
