This announcement is general in nature. Products and services mentioned herein may not be available in your area.
Hello Binancian,
Binance Earn is excited to introduce Smart Arbitrage that allows users to earn funding fees by hedging their perpetual futures positions with spot positions. The goal is to help users benefit from funding fee payments while minimizing exposure to significant price volatility risks.
How Binance Smart Arbitrage Works:
Take Advantage of Funding Rates: Get rewards when funding rates are positive.
Delta Neutral Strategy: Hedge the risk of price movements by taking opposite positions in the 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 Arbitration:
Website
Step 1: Click [Earn] on the top navigation menu.
Step 2: Head to [High Yield] > [Smart Arbitrage].
Step 3: Select your preferred portfolio, then click [Subscribe] to get started.
Application
Step 1: Tap [More] on the App homepage.
Step 2: Go to [Earn] > [Smart Arbitrage].
Step 3: Select your preferred portfolio, then 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.
Join the Promotion Now
Promotion: Subscribe USDT and Get APR up to 17.18%
Promotion Period: 14-10-2024 at 13.00 WIB to 28-10-2024 at 06.59 WIB
All users who participate in the Promotion and subscribe to Smart Arbitrage for more than 72 hours during the Promotion Period will receive a 10% APR Bonus on their first 1 - 2,500 USDT subscription 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 a 10% APR Bonus on their first subscription amount between 1 USDT and 2,500 USDT.
Related Guides & Reading:
About Binance Smart Arbitrage
Introduction to Binance Futures Funding Fees
About Binance Funding Rate Arbitrage Bot and How It Works
Terms and Conditions:
Users must complete KYC and click the [Register Now] button to successfully participate in the Promotion and be eligible for rewards.
Sub-accounts will not be considered separate participants.
Rewards will be distributed within 14 days after the campaign ends. Users will be able to log in and redeem token voucher rewards via Account > Rewards Hub.
The validity period of the token voucher is 14 days from the day of distribution. Learn how to redeem the voucher.
Binance reserves the right to disqualify any participant who acts fraudulently or does not comply with the applicable terms and conditions based on reasonable considerations.
Binance reserves the right to disqualify participants who tamper with Binance's program code or interfere with the operation of Binance's program code with other software.
Binance reserves the right at any time in its absolute discretion to determine and/or amend or change these terms and conditions without prior notice at its sole discretion, including but not limited to the cancellation, extension, termination or suspension of this promotion, the terms and eligibility criteria, the selection and number of winners, and any actions taken in due course, and all Participants are bound by these amendments.
Additional promotional terms and conditions can be accessed here.
There may be differences between the original English content and the translated versions in other languages. Please refer to the original English version for the most accurate information if any discrepancies arise.
Thank you for your support!
Tim Binance
14-10-2024
Note: This announcement was last updated on 2024-10-15 to add more details on how to subscribe to Smart Arbitrage on the Binance website and App.
