Posts Tagged “funding”
Who Takes the Other Side of a Funding Spread?
This article is published on X.
Boros allows traders to capture the spread between the funding rates of two venues. Short the perp with the higher funding rate, long the one with the lower rate, fix a rate on both legs on Boros, and collect the spread. This article examines the natural counterparty after arbitrage flow compresses that fixed spread.
From Floating to Fixed: Managing Perp Funding Volatility
This article is published on X.
Perpetual funding is often treated like a background detail. In practice, it can become a meaningful driver of PnL. One recent example is the expired Binance Silver market on Boros, XAGUSDT, where the short-term funding path was far less stable than its longer moving averages suggested.