温馨提示：本站仅提供公开网络链接索引服务，不存储、不篡改任何第三方内容，所有内容版权归原作者所有
AI智能索引来源：http://www.bee.com/ru/33375.html
点击访问原文链接

BitMEX Alpha: Using Quanto Contracts for Options Strategies | Bee Network

进入原网站 导航首页
BitMEX Alpha: Using Quanto Contracts for Options Strategies | Bee Network Login Актуальные новости Запуск мемов Агенты искусственного интеллекта DeSci TopChainExplorer Для Ньюби 100-кратное количество монет Игра "Пчелка Основные веб-сайты Must-Have APP Криптознаменитости DePIN Новички насущные Детектор-ловушка Основные инструменты Продвинутые веб-сайты Обмен Инструменты NFT Привет, Выйти Вселенная Web3 Игры DApp Пчелиный улей Растущая платформа AD Поиск Английский язык Монеты для пополнения запасов Вход в систему Скачать Web3 Uni Игры DApp Пчелиный улей AD дом•Анализ•BitMEX Alpha: Using Quanto Contracts for Options Strategies BitMEX Alpha: Using Quanto Contracts for Options StrategiesАнализ1 год назад (2024)releasedУайатт 35 1732 38 Original author: BitMEX

gm, welcome back to our weekly options alpha series. Last week, we discussed how Bitcoin options may be undervalued compared to the 2020-2021 bull run. We mentioned that traders could capture the potential volatility spike by setting up straddle strategies.

In this article, we will show you a clever way to take advantage of big moves in ETH price without using options – this method allows traders to capture both BTC performance improvements and big moves in ETH at the same time. This strategy is in some ways more effective than setting up a straddle!

Let鈥檚 take a deeper look.

BitMEX鈥檚 Quanto Perpetual Contract: A Unique Derivative Quanto perpetual contracts, such as the ETHUSD quanto perpetual contract on BitMEX, provide a unique opportunity for traders in the криптовалюта market. These contracts are settled in BTC, which means that profits and losses are paid in Bitcoin instead of USDT or ETH.

How is it similar to options? Quantos unique settlement mechanism, combined with the strong correlation history between BTC and ETH, introduces an element of convexity to trading. Similar to options, this convexity allows traders to potentially profit from significant price movements in either direction. By strategically combining two perpetual contract positions, traders can gain convex exposure, potentially benefiting from large moves up or down. This feature distinguishes quanto perpetual contracts from traditional delta-1 perpetual contracts, which typically provide linear returns. Using quanto perpetual contracts, traders can create portfolios that are potentially profitable in volatile markets, regardless of the direction of price movements, as long as the movement is large enough to overcome costs.

To illustrate the unique payoff structure of this trade, let鈥檚 look at a simulation:

Open a quanto contract position of 1 ETH, and use 1 ETH of USDT to settle the ETH perpetual contract short:

If the ETH price remains relatively stable, the overall profit and loss will tend to be low

But if ETH experiences significant price movement in either direction, the potential for significant profits increases significantly.

Note that the simulation was created when ETH was trading around $2,500 and the ETH/BTC correlation was 0.6

This trading strategy presents a great opportunity for traders:

You can capture both rising and falling market conditions at the same time, and you can make money no matter which direction the price fluctuates sharply

Particularly suitable for use when market uncertainty is high or volatility is expected to increase

However, there is a major risk to this strategy:

Transaction Risk The biggest challenge comes from funding rates

Normally, ETHUSDT shorts can get about 0.01% funding fee per cycle

However, the funding fee for ETHUSD quanto is often more than 0.01% (0.05% at the time of writing this article)

The difference between these two rates is the cost of holding the position.

Considering this cost structure, entry timing becomes particularly critical:

The best time to enter a market is before you expect a big move

Remember, as long as the market fluctuates significantly, there is always an opportunity to make money whether it goes up or down.

If these key points are mastered, traders can make full use of the characteristics of quanto contracts and profit from market fluctuations while controlling risks.

How it works Specific transaction steps: Long 1 ETH ETHUSD quanto perpetual contract on BitMEX

Short 1 ETH on BitMEX ETHUSDT perpetual contract at the same time

Performance in different situations: 1. If ETH/USD rises by 10%:

Quanto Long: Earn 10% in Bitcoin

USDT perpetual short: 10% loss in USDT

End result: If BTC/USDT also rises, you can make money because the gains denominated in Bitcoin will exceed the losses in USDT

2. If ETH/USD drops 10%:

Quanto longs: 10% loss in Bitcoin terms

USDT Perpetual Short: Earn 10% in USDT

End result: If BTC/USDT also falls, you can make money because the gains in USDT will exceed the losses denominated in Bitcoin

Key risks: 1. Funding rate expenses: The funding rate of ETHUSD quanto is usually higher than that of ETHUSDT. If you hold a position for a long time, the cost in one year may exceed 20%.

2. ETH/BTC correlation: Changes in the ETH to BTC ratio can greatly affect profitability. A stronger BTC price is good for this strategy, and vice versa.

Подведите итоги Using BitMEXs quanto and USDT perpetual contracts is more cost-effective than playing options directly. This strategy is particularly suitable if you think ETH may fluctuate violently in the short term, but you are not sure whether it will rise or fall.

This article is sourced from the internet: BitMEX Alpha: Using Quanto Contracts for Options Strategies

Related: The intersection of Bitcoin and Trump: the game of freedom and control Original author: YBB Capital Researcher Zeke 1. Whatever does not kill me makes me stronger Im Back, Bitches! This sentence is to honor all those who doubt me and those who take advantage of my misfortune. The first former president in history to be convicted, a tech madman who flirts with women everywhere and claims to plug brain-computer interfaces into humans and send them to Mars, some old subordinates who have fallen apart and enemies who were on the opposite side in the past, plus a cryptocurrency that has been declared dead hundreds of times by the mainstream media since 2011. This seemingly twisted and absurd combination constitutes all the obvious chips of the Republican Party in the 60th presidential election in the United States. If Trump is the axis,…

Анализ ## биткоин# cryptoРынок #© Copyright NoticeМассив Pre Full record of Odaily editorial departments Meme operations (November 20) Next Bananas pasted on the wall, can the meme coin Ban, a combination of art and fruit, be included? Related articles Must-watch next week | Encryption-related policies will officially take effect in multiple regions; Lighter expects TGE (December 29 – January 4) to come soon. 6086cf14eb90bc67ca4fc62b 14 595 4 24-Hour Hot Cryptocurrencies and News | BlackRock: Fed Rate Cuts in 2026 May Be Limited; Aave Founder Faces Investigation for Purchasing $10 Million in AAVE Tokens (December 25) 6086cf14eb90bc67ca4fc62b 15 855 Lazy Financial Management Guide | Deposit USDC and earn 17%+ income; Don’t miss the SyrupUSDC limit incentive pool (June 6086cf14eb90bc67ca4fc62b 29 646 Is Bitcoin poised for a breakout? Three key factors for a December price surge. 6086cf14eb90bc67ca4fc62b 15 666 Odaily Interview with Sticker Pack: Discovering Your Own “IP Gold Mine” in the TON Ecosystem 6086cf14eb90bc67ca4fc62b 18 826 Weekly Editor’s Picks (December 6-12) 6086cf14eb90bc67ca4fc62b 19 563 2 комментария Вы должны войти в систему, чтобы оставить комментарий! Немедленно войдите в систему муран Гость 宝贝V型

4 минуты назад #BeelieverTYRDVMI Гость “Если вы потеряли деньги обманным путем в какой-либо компании, у брокера или менеджера по работе с клиентами и хотите их вернуть, обращайтесь на сайт www.Bsbforensic.com Они помогли мне вернуть мои средства!”

12 месяцев назад Последние статьи UniSat Releases Phase Updates and Upgrades, Continuously Building the Bitcoin Ecosystem 1dys ago 1 174 Jack Dorsey’s Company: 4,000 White-Collar Workers Are Being Replaced by AI 1dys ago 1 078 Latest Stablecoin Report: Real Distribution and Flow Are Far More Important Than Supply 1dys ago 969 Sui DeFi’s “Three-Engine” Revolution: How New Capabilities, New Assets, and New Programs Are Building the Future of On-Chain Finance? 1dys ago 956 On-chain Investigator ZachXBT Confirms: Axiom Employees Exploited Internal Privileges for Insider Trading 1dys ago 822 Популярные сайтыTempoLighterGAIBПланерПланкаRaylsBCPokerVooi Bee.com Крупнейший в мире портал Web3. Партнеры CoinCarp Binance CoinMarketCap CoinGecko Coinlive Доспехи Загрузите приложение Bee Network APP и начните путешествие по web3 Белая книга Роли ЧАСТО ЗАДАВАЕМЫЕ ВОПРОСЫ © 2021-2026. Все права защищены. Политика конфиденциальности | Условия предоставления услуг Скачать приложение Bee Network APP и начните путешествие по web3 Крупнейший в мире портал Web3 Партнеры CoinCarp Binance CoinMarketCap CoinGecko Coinlive Armors Белая книга Роли ЧАСТО ЗАДАВАЕМЫЕ ВОПРОСЫ © 2021-2026. Все права защищены. Политика конфиденциальности | Условия предоставления услуг Поиск ПоискInSiteOnChainСоциальнаяНовости Hot to you: Охотники за воздухом Анализ данных Криптознаменитости Детектор-ловушка Русский English 繁體中文 简体中文 日本語 Tiếng Việt العربية 한국어 Bahasa Indonesia हिन्दी اردو Русский

智能索引记录