Pendle's Boros launches cross-exchange funding rate spread market for BTC and ETH
- —Boros launched the spread market on October 15, starting with BTC and ETH
- —The advertised 25–35% annualized yield excludes fees and rate fluctuations
- —Positions swap a fixed rate for the floating cross-exchange funding spread
- —Full arbitrage requires positions on two exchanges plus an offsetting Boros trade
Why it matters: The tool simplifies funding-rate arbitrage but carries liquidity, liquidation and spread-compression risks.
Source: TokenPost
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