u/JeyJonsoon

Swing trading GJ and UJ, hold is usually 2 to 5 nights. Mostly short so im paying the differential, not collecting it. Im getting charged about £8.50 per lot per night on GJ short, Axi raw. Old broker was around £13.50 for the identical position, which is the only reason I ever went and looked at any of this.

Ran the maths to see how much of that is even avoidable. BoE at 3.75, BoJ at 1, so the differential alone is 2.75% a year, which on a 100k lot works out about £7.50 a night. So theres roughly a quid of markup on what im paying now and about six on what I used to pay. Six quid a night for nothing, and thats before wednesday, when you eat three days of it in one go.

So if you hold JPY pairs overnight: pair, direction, what youre paying per lot per night, and who with. Want to see where the real range sits. also does anyone actually build swap into expectancy or do you all just eat it and hope the move covers it

I've noticed more XRP holders looking into lending lately, and honestly I get the appeal. If you're already planning to sit on XRP for years, the idea of putting part of that idle stack to work is pretty tempting.

I've been experimenting with it mself. right now I've got 50% of my XRP in lending and the other 50% in self custody.

For me, that's through LendProtocol. I liked that it's built specifically around the XRP ecosystem rather than trying to bolt XRP onto a platform that was designed for something else. That doesn't make it risk free, but it made it one of the options I was comfortable trying after doing my own research.

the thing that actually annoys me is how casually people call this "staking." XRP doesn't magically become a proof of stake asset just because you're earning yield on it. with lending you're taking on protocol, smart contract, liquidity, and counterparty risk depending on how the platform's built.

for me the 50/50 split is a way to get some exposure to XRP apy without shoving the whole position into DeFi. If something blows up, I'm not losing the entire stack

curious how other holders here handle this. Would you lend 10-20% and keep most in cold storage, go closer to 50/50 like me, or just keep everything off DeFi entirely?