$RIVER recently has a noteworthy market trend. The one-hour positive funding rate is rare, and in this kind of market condition, shorting indeed presents an opportunity.

The logic behind funding rate arbitrage is very clear: it allows you to earn from the shorting direction while also profiting from the funding rate. Earning on both ends is indeed a good strategy. Based on the current rates, just earning from the funding fee can yield several hundred percentage points annually.

If you want to get on this train, risk management is very important. Building positions in batches is a safer approach—start with a small position to test the waters and get a feel for the market rhythm. For traders who are uncertain, buying some spot assets for hedging can help—if the market moves against your position, the spot holdings can offset the loss. Focusing solely on the funding rate can also further reduce risk.

This kind of opportunity window won't last forever, so capturing the right timing is crucial.