I did not understand how it works, but why does APY decrease with increasing time? The return on one day is higher than 5 days, is it not assumed that the longer the time, the higher the prediction of the bitcoin price becomes, and therefore the risk increases, which means that the profit will increase?
Where will the difference come from? Is there a specific POOL? Margin or what?
I have no knowledge of the derivatives market but it is supposed to be Earn Up to 56% APY and not more than 100%.