Binance Wealth Management launches smart arbitrage service with an annualized return rate of up to 17.18%

According to ChainCatcher news and the official announcement, Binance Wealth Management has launched a smart arbitrage service. Users can earn funding fees by hedging positions in perpetual contracts and the spot market, aiming to help users profit from funding rate payments while minimizing price volatility risks. The service includes leveraged funding rates, delta-neutral strategies, and risk management features. Users can subscribe to the smart arbitrage service through the Binance Wealth Management platform. During the promotional period, subscribing with USDT can yield an annualized return of up to 17.18%. The promotional period is from October 14, 2024, 06:00 (UTC) to October 27, 2024, 23:59 (UTC).