Paradigm ir FTX suvienija, kad pradėtų prekybą kriptovaliutų ateities sandoriais

Liquidity platform Paradigma has partnered with crypto exchange FTX to launch spread trading, allowing users to take advantage of pricing dislocations with “cash-and-carry” plays.

Spread trades involve buying one security and selling another related security — such as a futures contract — to produce an overall net trade with a positive value called the spread. 

Vadinamasis cash-and-carry trade exploits variances in market prices and could entail taking a long position in an asset while simultaneously selling the associated derivative.

Paradigm users will be able to trade the spread between spot, perpetuals and futures instruments through FTX on bitcoin, ether, solana, avalanche, apecoin, dogecoin, chainlink, and litecoin, the companies revealed Friday.  

FTX is the third exchange to partner with Paradigm (not to be confused with the crypto investment firm of the same name) on futures spreads. Paradigm is integrated with „Bybit“ ir Deribitas and started offering futures spreads cleared through those exchanges in February.

“Having more exchanges means Paradigm users have alternative venues to clear and custody assets, as well as take advantage of pricing dislocations,” Paradigm co-founder Micki Koonin told Blockworks in an email. “This is especially attractive when it is one of the largest global exchanges, like FTX.”

FTX is the first exchange through which Paradigm can offer spot trade as part of the spread — such as spot versus future trades — as well as perpetual and future combinations, Koonin added. The exchange also allows trading of futures spreads on more coins, such as APE and DOGE. 

Spread trading on Paradigm has guaranteed atomic execution of both legs, the company said. Spreads executed on Paradigm and cleared on FTX will be charged half the fees compared to executing two individual trades. 

FTX generalinis direktorius Samas Bankmanas-Friedas and Paradigm CEO Anand Gomes said in statements that the firms plan to work together on future products.

Paradigm has more than 1,000 institutional clients — such as hedge funds, over-the-counter desks, lends, structured product issuers, market makers and family offices — trading roughly $10 billion per month.

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