I checked the funding rate for SKHYNIXUSDT since it launched on Binance, and the historical cumulative annualized rate is about 63%. And this is still at the early stage when the contract just launched, liquidity is insufficient, and there aren’t enough funds participating in arbitrage. If more and more people start treating Binance as a 24/7 U.S. stock trading market, and cross-market arbitrage remains inefficient, this kind of high premium and high funding rate might not disappear anytime soon. Currently, SK Hynix already has the highest funding rate among Binance stock contracts. For similar stocks like MU, the cumulative annualized funding rate since launch has generally been under 20%. When you compare it like this, don’t you suddenly feel like: anyone daring to hold 7709 long-term is a true warrior.