I still believe that farming perps DEXs is one of the best things you can do now. My strategy to do it profitably: > Pick 2-3 DEXs you want to farm > Go to @smartbitrage or Loris Tools > Click on "Platforms" and select only the exchanges you are farming > Select "Live" to see the top funding rate arbitrage opportunities between them > Pick a known altcoin from that list and open a delta-neutral position following the instructions shown > Once the funding rate difference is gone, close the trade (the trade duration can vary from a few hours to a few days) I've been doing this for many months, and it paid off with the Lighter airdrop. Right now, for instance, you can long BERA on Paradex and short it on Extended. This will earn you 113% APR until the funding rate difference disappears. What's great about this is that the money you make from funding rates can easily cover your trading fees and spread costs, and leave you with a nice profit. My highest conviction perps DEX airdrop is Extended, which promised to airdrop 30% of its token supply at TGE. I'm farming it by generating trading volume via funding rate arbitrage between Extended, Variational, GRVT, and Paradex. (you can find a link to them in the 2nd tweet below) A few tips to maximize your earnings and some risk management rules: • Use cross-margin mode and make sure the liquidation price of your shorts is over 2.5x of the current token price • Keep your "Cross account leverage" below 4-5x • Set stop losses near liquidation levels to prevent getting liquidated • Don't open delta-neutral positions for altcoin pairs where the slippage is above 0.1-0.15% • Don't use this strategy for memecoins that are highly volatile, as you don't wanna get liquidated • Before opening a position, make sure that the price spread for the same asset between DEXs is small The truth is that the market conditions are absolutely horrible right now, and I don't see the point in trying to catch falling knives. But with a strategy like this one, you can make money in any market conditions.(The DeFi Investor 🔎)