This is a general announcement. Products and services referred to here may not be available in your region.
Fellow Binancians,
Binance Earn is excited to introduce Smart Arbitrage, which allows users to earn funding fees by hedging their perpetual futures position with a spot position. It aims to help users profit from funding rate payments while minimizing exposure to significant price volatility risks.
How Binance Smart Arbitrage Works:
Leverage Funding Rates: Earn rewards when the funding rate is positive.
Delta-neutral Strategy: Hedge price movement risks by taking opposite positions in Futures and Spot markets.
Risk Management: We reserve 10% of the initial investment as a buffer to account for margin checks and market movements.
How to Subscribe to Smart Arbitrage:
Website
Step 1: Click on [Earn] on the top navigation menu.
Step 2: Navigate to [High Yield] > [Smart Arbitrage].
Step 3: Choose your preferred portfolio and click [Subscribe] to get started.
App
Step 1: Tap on [More] on the App homepage.
Step 2: Go to [Earn] > [Smart Arbitrage].
Step 3: Choose your preferred portfolio and tap [Subscribe] to get started.
Please note that you need to open a Binance Futures account to subscribe to Smart Arbitrage. Learn how to open a Futures account here.
Promotion Period: 2024-10-14 06:00 (UTC) to 2024-10-27 23:59 (UTC)
All users who opt-in to the Promotion and subscribe to Smart Arbitrage for more than 72 hours during the Promotion Period will receive a 10% Bonus APR on their first 1 - 2,500 USDT subscriptions, in addition to the real-time APR. The total reward pool of 50,000 USDT will be distributed on a first-come, first-served basis.
Note: Users who subscribe more than 2,500 USDT will only receive the 10% Bonus APR on their first subscription amount between 1 USDT and 2,500 USDT.
Terms and Conditions:
Users must complete KYC and click the [Register Now] button to successfully participate in the Promotion and be eligible for any rewards.
Sub-accounts will not be considered as individual participants.
Rewards will be distributed within 14 days after the campaign has concluded. Users will be able to log in and redeem their token voucher rewards via Account > Rewards Hub.
The validity period for the token voucher is set at 14 days from the day of distribution. Learn how to redeem a voucher.
Binance reserves the right to disqualify any participants that, in its reasonable opinion, are acting fraudulently or not in accordance with any applicable terms and conditions.
Binance reserves the right to disqualify any participants who tamper with Binance program code, or interfere with the operation of Binance program code with other software.
Binance reserves the right at any time in its sole and absolute discretion to determine and/or amend or vary these terms and conditions without prior notice, including but not limited to canceling, extending, terminating or suspending this Promotion, the eligibility terms and criteria, the selection and number of winners, and the timing of any act to be done, and all Participants shall be bound by these amendments.
Additional promotion terms and conditions can be accessed here.
There may be discrepancies between this original content in English and any translated versions. Please refer to the original English version for the most accurate information, in case any discrepancies arise
