Structured Arbitrage Settlement Rules and Risk Disclosure

Structured Arbitrage uses a combined strategy of “Automated Arbitrage + Futures + Options.” After a user subscribes, the system will allocate funds to different strategy modules according to the product rules and settle the order based on the product operation results.

The settlement of Structured Arbitrage is mainly related to the following parts:

Subscription principal;
Arbitrage component operation result;
Realized PnL of the options component;
Futures component returns;
Whether the user chooses manual termination;
Whether the user chooses to continue execution;
Return of locked 100XT.

The final settlement amount, asset arrival time, and actual result are subject to the 100X App display and actual system settlement.

The following example is only used to explain the settlement logic and does not represent any return commitment.

Assume a user subscribes with 20,000 USDT. The system requires the user to provide:

20,000 USDT + 200 locked 100XT

At the same time, the system will additionally grant 2,000 pUSD as part of the arbitrage capital. Users do not need to provide this pUSD separately.

The product funds will operate as follows:

Arbitrage component: 18,000 USDT + 2,000 pUSD participating in arbitrage trading, where the 2,000 pUSD is granted by the system;
Options component: 2,000 USDT used to purchase put options;
Futures component: When the arbitrage component reaches the product’s preset conditions, the system will end the current arbitrage order and allocate the portion of returns exceeding the principal into futures trading.

The actual subscription amount, fund allocation, pUSD grant rules, 100XT lock-up amount, and product parameters are subject to the product page.

The arbitrage component is the main strategy component of Structured Arbitrage.

When the arbitrage component reaches the product’s preset conditions, the system will end the current arbitrage order. At this point, the product will enter different settlement paths based on the user’s selected handling method:

If the user chooses manual termination, the system will settle after the current order ends and will not continue opening new strategy orders.
If the user chooses to continue execution, the system may continue executing subsequent arbitrage and futures strategies according to the product rules.

Whether the preset conditions are reached, whether execution continues, and how subsequent handling works are subject to the product page.

The options component in Structured Arbitrage is usually used to purchase put options to hedge downside market volatility to a certain extent.

The settlement result of the options component is usually reflected as “realized options PnL.” This part may increase or decrease the final settlement assets, depending on market price changes, option price changes, expiration time, volatility, and actual execution results.

The options component is only part of the product strategy and does not mean that all impacts caused by market volatility can be fully covered. The actual options result is subject to system settlement.

When the arbitrage component reaches the product’s preset conditions, the system may allocate the portion of returns exceeding the principal into futures trading for subsequent strategy execution.

Returns generated from the futures component will be distributed according to the rules displayed on the product page:

User receives: 50% of futures returns
Trading team receives: 25% of futures returns
Prize pool receives: 25% of futures returns

The prize pool may be used for regular rewards or airdrops to users participating in Structured Arbitrage. Specific rules are subject to the platform page.

Please note that futures component returns may be affected by market conditions, opening and closing prices, trading fees, funding fees, slippage, liquidity, and strategy execution results. The final result is subject to actual system settlement.

During the operation of Structured Arbitrage, users may choose manual termination according to the page rules.

Manual termination does not mean the order ends immediately. In most cases, the system will settle after the current active order ends and stop opening new strategy orders.

If the user chooses manual termination, the final assets usually include:

Subscription principal;
Settled options PnL;
50% of futures component returns;
Returned locked 100XT according to the rules.

Reference expression:

Assets received after manual termination = Subscription principal + settled options PnL + 50% of futures component returns

The above is only used to explain the settlement logic. The actual settlement result may be affected by market conditions, strategy execution, options results, futures results, and system processing. Please refer to actual system settlement.

If the user does not choose manual termination or chooses to continue execution, the system may continue running subsequent strategies according to the product rules.

Under continued execution, after the current order is completed, the system may open the next round of strategies, and related assets or returns may continue participating in subsequent operation according to the product rules.

If the user continues execution until final settlement, the final assets usually include:

Subscription principal;
All settled options PnL;
50% of all futures component returns;
Returned locked 100XT according to the rules.

Reference expression:

Assets received after continued execution = Subscription principal + all settled options PnL + 50% of all futures returns

The above is only used to explain the settlement logic. Whether execution continues, the execution cycle, settlement time, and final result are subject to the product page and actual system settlement.

Some Structured Arbitrage products may require users to lock a certain amount of 100XT when subscribing.

Locked 100XT is usually returned to the user’s Wealth Management Account after the order meets the product rules and completes the corresponding settlement process.

During product operation, locked 100XT may temporarily be unavailable for free use, transfer, or participation in other products. The actual lock-up amount, lock-up duration, return conditions, and return time are subject to the product page.

After Structured Arbitrage settlement is completed, the relevant assets are usually distributed to the user’s Wealth Management Account.

Users can view asset changes through the following path:

【Assets】→【Wealth Management Account】

If the order has been settled but the assets are not yet displayed, please follow the page prompt or wait for the system to complete processing before checking again.

Structured Arbitrage is a digital asset wealth management product. Product operation and settlement results may be affected by various factors, including but not limited to:

Market condition changes;
Arbitrage strategy execution results;
Futures trading results;
Option price changes;
Market liquidity changes;
Execution price and slippage;
Trading fees and funding fees;
System processing time;
Extreme market conditions;
Different results caused by manual termination or continued execution.

Return rates, example returns, product configuration, historical performance, or settlement explanations shown on the page are for reference only and do not constitute a return commitment or represent future actual results.

Digital asset prices may fluctuate significantly. The target asset may experience rapid increases, declines, or sharp volatility within a short period.

Market volatility may affect the arbitrage component operation result, realized PnL of the options component, futures component returns, and final settlement amount.

Although Structured Arbitrage uses a multi-strategy combination, it does not mean that the impact of market volatility can be fully avoided.

The actual result of Structured Arbitrage depends on system or strategy execution. If the market environment changes, the strategy execution result is lower than expected, or issues such as insufficient liquidity or execution delay occur, the final settlement result may differ from the page example or expectation.

The strategy structure displayed on the product page is mainly used to help users understand the product logic and does not mean that every order will achieve the same result.

Structured Arbitrage involves derivative tools such as futures and options. These tools are relatively complex and may be affected by price fluctuations, leverage, option value changes, funding fees, trading fees, slippage, liquidity, and other factors.

Options may be used to hedge risk to a certain extent, and futures may be used for strategy enhancement or subsequent execution, but neither means the product is risk-free.

Users should participate only after fully understanding the relevant rules.

If the user chooses manual termination, the system usually settles after the current active order ends, instead of completing all settlement immediately.

Manual termination may affect the subsequent strategy execution path and final settlement result. Choosing manual termination at different times may correspond to different asset handling methods and settlement results.

The specific termination rules, settlement time, and asset arrival result are subject to the page display.

Structured Arbitrage may require a certain amount of system processing time during subscription, operation, termination, and settlement.

In cases of network fluctuations, system maintenance, intense market volatility, or a large number of orders, there may be delays in order status updates, asset arrival, or settlement result display.

If the order status has not been updated or assets have not arrived temporarily, please follow the page prompt or wait for the system to complete processing before checking again.

Structured Arbitrage is not a risk-free product. Before participating, users should carefully read the product description, subscription requirements, settlement rules, and risk reminders, and make decisions cautiously based on their own risk tolerance.

The actual product rules, fund allocation, pUSD grant rules, lock-up requirements, manual termination rules, continued execution rules, futures return distribution, settlement method, asset arrival time, and final result are subject to the 100X App display and actual system settlement.