Ethena:黄金的期、现套利空间比BTC和ETH更大

Odaily星球日报讯 Ethena 官方于 X 发布了关于黄金代币(PAXG、XAUT)永续合约市场的套利分析。数据显示,过去十二个月,PAXG 的年化资金费率为 5.8%,XAUT 为 12.4%,均远高于同期 BTC 和 ETH 的平均水平(分别为 5.2% 和 4.1%)。黄金资金费率的日波动性高于加密货币,这是由于市场交易量较小所致,但黄金资金费率在 82% 至 89% 的时间里为正值,与 BTC (88%) 和 ETH (85%) 的情况基本一致。
除此之外 Ethena 还表示,黄金和加密货币的资金费率几乎不相关,当加密货币的资金费率被压缩时,黄金的资金费率往往会保持稳定或上升。因此,将黄金永续合约纳入期、现套利组合(同时持有现货和等额空单)将提高收益水平并降低收益波动性。
Disclaimer: OKX Orbit content is provided for informational purposes only. Learn more
Replies
Related Flash News
Two researchers at the Ethereum Foundation announced their resignation
Aster launches on-chain listing proposal voting mechanism
Delphi Digital: Aave's three core markets have structural problems, with an annualized loss of about $52 million
On-chain monitoring: ETF funds flow out of BTC and ETH, and SOL funds flow in
Citi: Quantum computing breakthroughs are accelerating, and Bitcoin faces excess quantum risks
Strategy's total floating profit on Bitcoin narrowed to $1.35 billion, and BitMNR's floating loss on Ethereum expanded to $7.279 billion
XRPL surpasses Ethereum in RWA inflows
Vitalik Buterin: Ethereum develops a new paradigm and formal verification
Data: CoinShares saw a net outflow of about $1.07 billion in digital asset investment products last week
The Verus network is now suspended and is willing to offer a bug bounty if the attacker returns the funds


