Pendle’s Boros Announces Cross-Venue Funding-Rate Spread Markets

Pendle's Boros announced cross-venue funding-rate spread markets for Bitcoin (BTC) and Ether (ETH). These markets package differences between venues' perpetual-futures funding rates into one position. A strategy's realized return depends on entry rate, holding period, leverage, and other factors, offering traders a new way to bet on funding rate disparities.