{"type":"video","version":"1.0","html":"<iframe src=\"https://www.loom.com/embed/bb8681dd4d714ddaabb24ee9594eb962\" frameborder=\"0\" width=\"1920\" height=\"1440\" webkitallowfullscreen mozallowfullscreen allowfullscreen></iframe>","height":1440,"width":1920,"provider_name":"Loom","provider_url":"https://www.loom.com","thumbnail_height":1440,"thumbnail_width":1920,"thumbnail_url":"https://cdn.loom.com/sessions/thumbnails/bb8681dd4d714ddaabb24ee9594eb962-364a1a2a5a410bac.gif","duration":165,"title":"Exploring Advanced Features of World Markets and Arbitrage Opportunities","description":"In this video, I explain some of the more sophisticated features of world markets, particularly focusing on the leopard basis tree and its implications for APR, which can be excessively high in our test environment—up to 11% normally. I demonstrate how I can borrow under collateralized, allowing for significant leverage by simultaneously buying e-spot and selling e-susures, which net to zero market exposure. This unique arbitrage opportunity is what drives the high APR and allows for more portfolio leverage. I executed these transactions as a bundle, resulting in a substantial increase in my portfolio's borrow and spot positions. While this is not a recommended trade, I wanted to share this process due to user interest and the complexity involved."}