I only take one note: once the funding rate becomes so extreme that it makes me nervous (even if outside there's still noise about rate cut expectations, and the dollar and risk assets are moving together in a mystical way), I would rather avoid the volatility and not try to be a hero — if I really want to take the other side, I’ll wait for that "trend confirmation + emotional exhaustion" move before acting, otherwise I’ll just be using my margin to teach the market a lesson.