Every earnings season, most people are busy guessing whether the market will go up or down. Back in the day, trading during earnings season always left me torn between 'selling or holding on.' Later, I realized there’s actually a third option. You don’t need to bet on earnings exceeding expectations, nor do you need to worry about a major crash. By using Bitget’s rToken along with perpetual contracts, you can build a market-neutral strategy. Recently, @Bitget_zh’s rToken has introduced some unique features. Turns out, earnings season offers a great strategy for conservative traders—market neutrality (Delta Neutral). For example, if you’re optimistic about a company’s long-term value but worried about excessive volatility around earnings, you can buy the corresponding rToken and simultaneously open an equivalent perpetual short position. The spot position holds the asset, while the short position hedges against price fluctuations. This way, whether the earnings report leads to a big rally or a sharp drop, the net exposure of your portfolio is significantly reduced. You’re no longer focused on direction but rather on funding rates. Before earnings, market sentiment is usually quite bullish, and many people open long positions, which often drives funding rates higher. If you’re holding a 'spot long + contract short' combo, you have the opportunity to continuously collect funding fees. Simply put: While others are betting on earnings going up or down, You’re profiting from market sentiment. What’s even more convenient is that Bitget’s unified account now supports rToken as margin. You don’t need to sell your spot holdings to open a short position, which means higher capital efficiency. Of course, this isn’t risk-free arbitrage. Funding rates can change, spreads may widen, and margin management is crucial—so position control should always be your top priority.