- Design and research the strategy universe - funding rate capture, cash-and-carry basis, cross-exchange and cross-tenor spreads, and options structures where they improve risk-adjusted return
- Backtest with realistic assumptions: funding history, fill quality at our size, borrow costs, fee tiers, slippage.
- Size capital across strategies and venues, and rebalance as conditions change
- Set leverage, concentration, and drawdown limits, and manage margin health - liquidation buffers, cross vs. isolated, ADL exposure, collateral selection
- Stress test what actually breaks neutral books: funding flipping negative, basis blowouts, a venue halting withdrawals, stablecoin or LST depegs, exchange outages mid-hedge
About Bitway
Bitway is a digital asset payment gateway and financial technology provider enabling merchants and enterprises to accept, settlement, and manage cryptocurrency transactions globally with zero volatility risk.