A leveraged perpetual futures bet on the euro remains open despite a 2.3% annual holding cost and recent currency pair decline.
A trader on decentralized exchange Ostium has maintained a long position in EUR/USD perpetual futures worth over $1 million for 400 days. The bet, opened in June 2025 when the pair traded at 1.14, aimed to capitalize on euro strength against the dollar.
The EUR/USD pair peaked at 1.2 in January 2026 but has since retreated to 1.14. Despite incurring an annual holding cost of approximately 2.3%, the trader has not liquidated the position, signaling continued optimism.
Decentralized exchanges like Ostium enable highly leveraged bets on assets including forex, stocks, and commodities, attracting traders seeking exposure without traditional market access.