Update
Boros Launches Spread Markets
Boros, a new cryptocurrency lending platform, has launched spread markets, allowing users to trade and hedge funding rate gaps between two exchanges with a single position. The platform aims to capture inefficiencies similar to past trades like the Kimchi Premium, where traders moved millions of dollars between Japan and Korea to profit from funding rate disparities. Boros's spread markets isolate the gap between two perp markets, creating a single yield-bearing, tradeable asset for both longs and shorts.