九九

Is Perps Arbitrage Between Binance and PieBit Feasible? 1/ A while ago, a friend recommended a new Vietnamese exchange called Piebit and told me to try their perpetuals. My first reaction was to shut it down: “Why the hell are you sending this to me? I’m not playing.” 😒 People around me all know I’ve always been a spot-only guy—I’d rather die than touch perps. In my eyes, the endgame of perps is getting liquidated. Whoever plays, loses. Let alone some brand-new exchange, so I wasn’t interested at all (I also figured my friend just wanted the referral commission, for various reasons, so I declined).