Coming Very Soon: Bitcoin- and Tether – Margined ARB Listings

March 23, 2023

In addition to our already live futures contract (ARBUSDTM23), BitMEX users will soon be able to trade ARB with up to 50x leverage via two new listings – ARBUSD and ARBUSDT. ARBUSD Quanto Contract SpecsAs with all quanto contracts, the ARBUSD product has a fixed Bitcoin multiplier, regardless of the ARB/USD price. This allows traders to long or short the ARB/USD exchange rate without ever touching ARB or USD. Traders can post margin in XBT, and earn or lose in XBT as the ARB/USD rate changes. This allows users to gain exposure to the price of the ARB token and trade it with leverage, without needing to have ARB holdings.

The source of this news is from BitMEX