Denna sida är endast avsedd för informationssyfte. Vissa tjänster och funktioner kanske inte är tillgängliga i ditt land.

We've Launched the Industry's First 'Hybrid Spreads' Orderbooks for Cross-Currency Arbitrage Trading, Tailored for Market-Neutral Funds

Today, we're happy to announce the launch of our 'Hybrid Spreads' orderbooks, which enable professional traders and asset managers to execute spread trades between legs of different margin currencies from a single orderbook with zero leg risk and margin efficiencies gained from a delta-hedged atomic execution.

This addition to Nitro Spreads, a venue within our Liquid Marketplace for executing basis, futures spreads and funding rate arbitrage strategies, is the first of its kind in the industry and opens up new trading opportunities for institutional traders.

Exclusively available on our Nitro Spreads platform, Hybrid Spreads enables users to execute trades between legs with varying collateral currencies in a single execution, rather than multiple ones. For example, with Hybrid Spreads, users can hold an offsetting long BTC spot position and short BTC crypto-margined perpetual futures to accumulate funding payments in Bitcoin.

The innovative Hybrid Spreads unlocks advanced yield harvesting and arbitrage strategies, such as cross-margin funding rate arbitrage and basis trading, between major crypto perpetual futures. Additionally, implementing this functionality through Nitro Spreads enhances the marketplace experience - for both market makers and asset managers - by:

  • Eliminating leg risk through atomic execution

  • Reducing slippage with spread price limit orders

  • Offering greater liquidity due to portfolio margin efficiencies realized via spread orders versus individual orders

These benefits come without sacrificing execution certainty, pricing or composability of a portfolio, making Nitro Spreads a leading choice for advanced trading strategies.

We offer a range of trading solutions, such as the Liquid Marketplace platform, which includes Nitro Spreads, providing unmatched liquidity and adaptability for institutions. Moreover, we're continuously broadening our suite of institutional offerings and features. For example, we recently introduced a new 'Quick Trading' mode on Nitro Spreads, enabling users to instantly select the 'Top of Book' on any spread/side through a double-click, thereby eliminating the need to manually open order books or enter details.

This announcement follows the launch of our inaugural 'Institutional Basis Trading Report.' The report analyzes the institutional basis trading landscape and strategies, as well as drivers behind the nearly 30% Ethereum (ETH) and Bitcoin (BTC) annualized basis observed towards the end of March 2024.

For more information, please visit the Support Center.

Friskrivningsklausul
Detta innehåll tillhandahålls endast i informationssyfte och kan omfatta produkter som inte finns tillgängliga i din region. Syftet är inte att tillhandahålla (i) investeringsrådgivning eller en investeringsrekommendation; (ii) ett erbjudande eller en uppmaning att köpa, sälja eller inneha krypto/digitala tillgångar, eller (iii) finansiell, redovisningsmässig, juridisk eller skattemässig rådgivning. Innehav av krypto-/digitala tillgångar, inklusive stabila kryptovalutor, innebär en hög grad av risk och kan fluktuera kraftigt. Du bör noga överväga om handel med eller innehav av krypto/digitala tillgångar är lämpligt för dig mot bakgrund av din ekonomiska situation. Rådgör med en expert inom juridik, skatt och investeringar om du har frågor om dina specifika omständigheter. Information (inklusive marknadsdata och statistisk information, om sådan finns) i detta meddelande är endast avsedd som allmän information. Även om all rimlig omsorg har lagts ned på att ta fram dessa data och grafer, accepteras inget ansvar för eventuella faktafel eller utelämnanden som uttrycks häri.

© 2025 OKX. Denna artikel får reproduceras eller distribueras i sin helhet, eller så får utdrag på 100 ord eller mindre av denna artikel användas, förutsatt att sådan användning är icke-kommersiell. All reproduktion eller distribution av hela artikeln måste också anges på en framträdande plats: ”Den här artikeln är © 2025 OKX och används med tillstånd.” Tillåtna utdrag måste hänvisa till artikelns namn och inkludera attribut, till exempel ”Artikelnamn, [författarens namn om tillämpligt], © 2025 OKX.” En del innehåll kan genereras eller assisteras av verktyg med artificiell intelligens (AI). Inga härledda verk eller annan användning av denna artikel är tillåten.

Relaterade artiklar

Visa mer
how to buy crypto guide
OKX
Bitcoin

Why Is Bitcoin Down? Understanding Market Dynamics and Price Volatility

Bitcoin, the world's premier cryptocurrency, is known for its dramatic price swings. One day it's surging to new all-time highs, and the next, it can experience a significant correction, leaving inves
24 okt. 2025
how to buy crypto guide
OKX
Bitcoin

Who Created Bitcoin? The Enduring Mystery of Satoshi Nakamoto

In the world of technology and finance, few stories are as captivating as the creation of Bitcoin. At its heart is a profound mystery: who is Satoshi Nakamoto, the brilliant and elusive figure who aut
24 okt. 2025
how to buy crypto guide
OKX
Bitcoin

Where to Buy Bitcoin: A Complete Guide for US Buyers

Bitcoin has emerged as a landmark digital asset, capturing the attention of investors and technologists worldwide. As the original cryptocurrency, it offers a decentralized alternative to traditional
24 okt. 2025
how to buy crypto guide
OKX
Bitcoin

What is Bitcoin Mining? A Simple Explanation

Bitcoin mining is one of the most fundamental and ingenious components of the Bitcoin network. It's also one of the most frequently misunderstood. When people hear the term "mining," they often think
24 okt. 2025
how to buy crypto guide
OKX
Bitcoin

The Top Bitcoin Podcasts: A Guide for Every Listener

The world of Bitcoin is dynamic, with new developments in technology, markets, and regulation happening every day. To keep up, many of the brightest minds in the space turn to podcasts as their primar
24 okt. 2025
how to buy crypto guide
OKX
Bitcoin

When to Buy Bitcoin: Strategies for a Volatile Market

## When to Buy Bitcoin: Strategies for a Volatile Market For anyone new to Bitcoin, the most intimidating challenge is often deciding *when* to buy. Watching the price fluctuate wildly can lead to a p
24 okt. 2025
Visa mer