Lil' cheat for my prospective YU apes:
When you enter a YU position, you lock in an Implied APR as a baseline.
You can then think of Underlying APR as a series of Peaks and Troughs.
Expecting more peaks than troughs? Go long.
Expecting more troughs than peaks? Go short
NFA 💅
An interesting contrast between funding and spot trading is you are constantly paid for the time that you're directionally correct.
Imagine locking in a HYPE/USDT price and being paid the ENTIRE TIME it exceeds your entry price.
That's YU in a nut shell!
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