2 weeks after launch, our spread markets are now sitting on $105m OI, the fastest growth of any new Boros market. Now we’re launching more maturities to help you capture crypto’s most profitable gap now. Sell the spread for ~25-30% APR, or long it for ~1.4x returns? Your choice.

Boros Spread Markets are live. The same funding rate inefficiency across exchanges, now tradable through a single position. On the Arbitrage Terminal, that means going from 4 legs to 3, with one @boros_fi position instead of two.

Boros just listed a new market on ETH funding: Hyperliquid-Gate. This market trades one number: Hyperliquid's ETH funding minus Gate's ETH funding. That gap is the spread. The underlying spread is what the two exchanges are actually paying apart. The spread is 7.99% right now. The implied spread is 3.34%. That's the fixed rate the market lets you lock today. Going long the spread means you pay that fixed rate and collect the real gap until maturity. Boros' historical data puts the average spread at 5.18%. There's about 99% confidence the 30-day average beats 3.2%. 82% of weeks paid more than 3.2%. So 3.34% is a cheap entry. So I took it. I'm long the spread with 0.55 YU. YU is the position size, and 1 YU here is the funding gap on 1 ETH. I pay a fixed 3.34% and receive the floating spread until 27 Nov 2026, 42 days out. I also have a limit order to add up to 3 YU. It's one order on one book, instead of two separate Boros legs with two margins. Set it and forget it.

The most iconic trades of past cycles came from huge inefficiencies across markets. Any trader would go back in time for them, but those premiums are long gone. The same opportunity lives on in perp funding rates, tradable now on our new Spread Markets.

Renzo Basis now uses @boros_fi market data to project yields and calculate breakeven performance across the $BTC, $ETH and $HYPE basis trades. More data, better performance.

The Arbitrage Terminal is worth learning to use, no matter how much capital you have. Maybe earning 50% APR with small capital doesn't feel that lucrative. But learning the process now means you'll know how to scale when your capital grows. Thanks to leverage, the 4-leg strategy through @boros_fi and CrossEx lets you access a much larger notional with only a fraction of that amount in capital. At the current quoted rates, here's what the Arbitrage Terminal estimates over roughly 20 days: - $10K notional per leg: ~$850 in capital, ~$24 profit - $100K notional per leg: ~$8.5K in capital, ~$225 profit - $500K notional per leg: ~$42.4K in capital, ~$1,100 profit These estimates assume your perp positions are already open. If you're opening the perp legs for the first time, entry fees reduce your profit during the first cycle. When your Boros positions mature, you can roll into the next maturity while keeping your perp positions open. This means you can avoid paying perp opening and closing fees again during the rollover. You simply move from one Boros maturity to the next, locking in the spread available at that time. Learn the process with the capital you have today.

~$220 in profit showing on my 4 BTC rate trades on Boros. This is why I love rates trading on Boros. Markets up or down, I still earn by trading the spreads. I hold my BTC for the long term, so daily dips and pumps don't bother me. These trades run on the gap between funding rates, not on where the price goes. Curious, do you trade the price or the rates?

TL;DR 🔹 Funding rate arbitrage is still under the radar despite its potential to become a major source of yield as RWA perps grow 🔹Boros as a funding rate market is positioned to capture this growth, allowing these rates to be traded, hedged and scaled. Job's not done

If you want 50 ethereum:0x808507121b80c02388fad14726482e061b8da827 while earning nearly +24% fixed APR, use our new terminal before the incentives are gone 👀 Over half the incentives have already been taken 🤯

Arbitrage with CrossEx makes locking cross-venue funding spreads trivial. But every lock still needs a counterparty. The more sophisticated relative-value trade may be on the other side. Use historical funding spreads to identify compression, then position for them to widen again through a two-leg Boros spread rather than funding the full four-leg arb. For traders who cannot access every venue, that structure can be far more capital-efficient, with potentially much higher ROE (and real spread risk). The tooling now exists to research, price, and execute it: Official data: Research: Arb Flow Tracker: Original article:

Boros is one of the best things to happen to crypto since @pendle_fi. This opens the door to some of the highest yields in DeFi. 20.91% fixed APR + 50 $PENDLE for me. You can get your $PENDLE too. Just open a 4-leg hedged position on @boros_fi × @Gate CrossEx.

I got on my hands and knees and begged the team to give away more pendle...it worked 50 FREE $PENDLE up for grabs just for opening a position through our tool and sharing the link 🔗

Funding rate arbitrage used to be a complex and high maintainence strategy. We've turned that into a 2 click affair: > 1 click to open the perp positions on CrossEx > 1 click to open the corresponding Boros positions We set out to make funding rate arbitrage stupidly easy, and Arbitrage with CrossEx is the result of that endeavour. Here's a sneak peek at what some early users are already locking in 👀