The “Kimchi” Premium of Perps

Today, we’re launching spread markets on Boros , starting with the ETH and BTC spreads , allowing users to long or short the funding rate gap between venues with a single position. Building Boros from the ground up means the team has spent more time observing and obsessing over funding rates than anyone. We’ve seen the same gap in funding rates show up in crypto over and over again, and history has convinced us that this will be the next big trade.