Just spotted an interesting delta setup on WAL. The price alignment caught my eye, but what really sealed it was the funding rate spread between platforms – there's a solid arbitrage opportunity sitting there.

Running $500 on this one. Going long on one venue while shorting on another to capitalize on the rate differential. It's one of those moments where you notice the market's inefficiencies and decide to take a small swing at it. The positioning feels clean right now, and the mechanics are straightforward enough. Let's see how it plays out.