// BOROS CARRY — BTC
VOL CONTRACTING · vol 42% · MEDIUMSIDESHORT YU-BTC-26JUN2026
BOROS FIXED APR5.10%(you receive at maturity)
HL FLOATING APR10.95%(you pay)
BID/ASK SPREAD17 bps
GROSS EDGE APR-585 bps
SETTLE FEE DRAG-10 bps
NET CARRY EDGE-595 bps
// bot ref: 300 bps · not advice
BREAK-EVENn/a (SHORT YU not viable)
// MARKET REGIME
VOL REGIMECONTRACTING (ratio 0.58)
ABSOLUTE VOL (24h)42%
STRESS PROXYno stress · OI +2% · funding 1.1× · premium -1 bps
// AT-RISK: Margined position — mark-to-market + liquidation risk on both legs · Floating can rise above fixed; the displayed edge holds only while floating stays below fixed · wBTC collateral on the BTC market — BitGo custody / depeg risk · SHORT YU net edge negative — LONG YU may favor (see direction_favors)
