#大户持仓动态 $PIPPIN's recent funding rate issues have indeed caused quite a few traders to complain. A 2% rate within a 1-8 hour window certainly gives large players plenty of arbitrage opportunities.

Honestly, the altcoin market has always been like this—whoever controls the funding and pricing power can reap the benefits. If you operate in the opposite direction, it's no surprise to take some losses. But this also highlights that spot trading is the true king; rather than obsessing over the funding rate mechanism in derivatives, large players might as well focus on accumulating and controlling the market directly in spot trading, which at least gives them some influence.

Ultimately, this set of rules is indeed unfriendly to retail traders, but that's the reality of the market—participants are never on equal footing.