It pays to track interest rates 💰

A week ago the @NotionalFinance variable borrow rate was 11.16% and the fixed lending rate was 18.66%. Resulting in a tidy 6% spread for arbooors

Fast forward to today and Notional variable rate borrowing has temporarily skyrocketed to 95% due to the utilization rate, while the fixed lending rate is ~21% for Dec 13

The Size big brains predict the variable rate will dip back to 11%-12% - most likely closer to 12% - to offer an even healthier 9% spread in this Stat Arb

(NFA. Do with this free money glitch what you will…)