1. Product Overview
1. What is a Quantitative Fund?
A Quantitative Fund is an asset management product offered by Gate, operated by professional quantitative trading teams. It primarily uses market-neutral arbitrage strategies (such as funding rate arbitrage and spread arbitrage) to generate returns. This product is suitable for investors seeking stable returns and preferring lower risk.
Gate provides 100% proof of reserves for quantitative fund products, allowing users to verify fund storage at any time.
2. What are the sources of returns for Quantitative Funds?
The core strategy of Quantitative Funds is funding rate arbitrage. The basic principle is as follows:
By simultaneously opening equal-value spot long and perpetual contract short positions, the portfolio remains neutral to price fluctuations, generating returns by collecting the perpetual contract funding rate.
Example:
Suppose you use 4,000 USDT for arbitrage (1x margin):
- Buy 2,000 USDT worth of BTC in the spot market while shorting 2,000 USDT of BTC perpetual contracts
- If the current funding rate is 0.03%, you earn 2,000 × 0.03% = 0.60 USDT every 8 hours
- Daily earnings would be 0.60 × 3 = 1.80 USDT, which corresponds to an annualized return of 1.80 × 365 ÷ 2,000 = 32.85%
Note: The above is a simplified illustration of the strategy. Actual returns are affected by funding rate fluctuations, market liquidity, and other factors, and do not represent a guarantee of future performance.
3. What are the differences between various Quantitative Fund products?
Gate Quantitative Funds offer several products, mainly differing in:
- Trading Team: Each product is managed by a different professional quantitative team
- Trading Assets: The teams select different trading pairs and markets
- Strategy Execution: Strategy details and risk control parameters vary by team, resulting in different performance
- Settlement Currency: Currently, both USDT-based and BTC-based products are available
Users can view recent annualized returns, days in operation, subscription/redemption rules, and other information on the product page to compare and choose accordingly.
4. How do Quantitative Funds differ from Fixed-Term Wealth Management?
Taking BTC products as an example, suppose a user holds each for 30 days. The comparison is as follows:
| Comparison Dimension | Quantitative Fund | Fixed-Term Wealth Management |
|---|---|---|
| Source of Return | Market-neutral arbitrage strategies (funding rate + spread arbitrage), returns fluctuate with market opportunities | Fixed interest rate, principal + interest returned at maturity |
| Return Cap | No fixed cap; returns can increase significantly in bull markets when funding rates rise | Rate is locked at subscription and does not change before maturity |
| Liquidity | No lock-up period, can redeem at any time (redemption within 30 days incurs a fee) | Usually has a lock-up period; early withdrawal may result in loss of some returns |
| Risk Profile | Not principal-protected, but strategies hedge directional risk with minimal historical drawdown | Usually principal-protected, but with a lower return ceiling |
| Fees | 30% performance fee (charged only on profits) + tiered redemption fee | Usually no additional fees |
Summary: Quantitative Funds are suitable for users willing to accept some volatility in exchange for higher return flexibility; Fixed-Term Wealth Management is ideal for those seeking predictable returns and not wanting to bear any net value fluctuations.
2. Subscription and Redemption
5. What are the subscription requirements for Quantitative Funds?
| Product Type | Minimum Subscription Amount | VIP Level Requirement |
|---|---|---|
| USDT Product | 5,000 USDT | VIP 5 and above |
| BTC Product | 0.1 BTC | VIP 5 and above |
Currently, subscriptions are open to VIP 5–14 users. Gate may adjust eligibility criteria in the future, so please stay tuned to platform announcements.
6. Can regular users subscribe to Quantitative Fund products?
Currently, Quantitative Fund products are only available to users with VIP 5–14 status. If you have not reached the required level, you can refer to the Gate VIP level rules to upgrade and then subscribe.
7. Do Quantitative Fund products have a lock-up period?
Quantitative Fund products do not have a mandatory lock-up period and support flexible subscription and redemption. Please note the following rules:
- 48-Hour Rule: If you redeem within 48 hours, profits will not be settled; if there is a loss, settlement is based on the actual net value
- Short-Term Redemption Fee: Redemptions within 30 days will incur a redemption fee
Based on these rules, we recommend users plan their holding period according to their own capital arrangements.
8. In what form are returns for BTC Quantitative Fund products paid out?
BTC products are settled in BTC. Subscription, holdings, return calculation, and redemption are all denominated in BTC.
3. Fees
9. What fees does Gate charge?
Currently, Quantitative Funds involve the following two fees:
① Performance Fee
Upon redemption, if investment returns are positive, the trading team charges 30% of the profits as a performance fee; if returns are zero or negative, no fee is charged.
② Redemption Fee
A tiered fee is charged based on holding period:
| Holding Period | Redemption Fee Rate |
|---|---|
| 0 days ≤ Holding Period < 7 days | 1.5% |
| 7 days ≤ Holding Period < 30 days | 0.5% |
| Holding Period ≥ 30 days | 0% (No redemption fee) |
Redemption fee calculation:
Redemption Fee = Total Redemption Amount × Redemption Fee Rate
Actual Redemption Amount = Total Redemption Amount − Redemption Fee
4. Return Calculation
10. How is user return calculated?
Important Note: If you redeem within 48 hours, profits will not be settled.
Return calculation steps:
Step 1 — Calculate Holding Shares
Holding Shares = Principal (Subscription Amount) ÷ Net Asset Value per Share on Subscription Day
Step 2 — Calculate Asset Market Value Before Redemption
Asset Market Value = Holding Shares × Net Asset Value per Share on Redemption Day
Step 3 — Calculate Investment Return
Investment Return = Asset Market Value − Principal
Step 4 — Calculate Performance Fee
- If Investment Return > 0: Performance Fee = Investment Return × 30%
- If Investment Return ≤ 0: Performance Fee = 0
Step 5 — Calculate Redemption Fee
Calculate according to the tiered fee rates in Section 9.
Step 6 — Calculate Final Amount Received
Amount Received = Asset Market Value − Performance Fee − Redemption Fee
Example:
A user subscribes with 10,000 USDT, the net asset value per share on subscription day is 1.0000, and after holding for 60 days, redeems when the net asset value per share is 1.0500.
| Step | Calculation | Result |
|---|---|---|
| Holding Shares | 10,000 ÷ 1.0000 | 10,000 shares |
| Asset Market Value | 10,000 × 1.0500 | 10,500 USDT |
| Investment Return | 10,500 − 10,000 | 500 USDT |
| Performance Fee | 500 × 30% | 150 USDT |
| Redemption Fee | Holding ≥ 30 days, rate 0% | 0 USDT |
| Amount Received | 10,500 − 150 − 0 | 10,350 USDT |
5. Risks
11. Are Quantitative Fund products principal-protected?
Quantitative Fund products are not principal-protected. While market-neutral arbitrage strategies are designed to reduce directional market risk, there are still potential risks such as:
- Significant fluctuations or negative funding rates
- Abnormal widening of spot and contract spreads
- Liquidity risk during extreme market conditions
Investors should carefully assess their own risk tolerance before participating.
12. What is the risk level of Quantitative Fund products?
Quantitative Funds use market-neutral strategies, so the overall risk is lower than directional products. The historical maximum daily drawdown for USDT products is about 0.1%.
However, please note: Past performance does not guarantee future returns, and historical drawdown data is for reference only.
13. Are Quantitative Fund returns stable?
Quantitative Fund returns mainly come from funding rate arbitrage and spread arbitrage, and are influenced by factors such as:
- Funding Rate Fluctuations: Funding rates change with market sentiment, directly impacting arbitrage returns
- Market Activity: Trading volume and volatility affect spread arbitrage opportunities
- Strategy Execution Efficiency: Different trading teams vary in strategy adjustment speed and risk control
Therefore, returns will naturally fluctuate. Holding for the long term helps smooth out the impact of short-term volatility on overall returns.
6. Operating Guide
14. How can I view my returns?
After subscribing to a Quantitative Fund product, click "My Holdings" in the upper right corner of the product page to view your holding details and real-time returns.
Disclaimer
The content provided herein is for reference and educational purposes only and does not constitute any financial, investment, trading, or legal advice, nor does it constitute an offer or solicitation to buy or sell any digital assets. Gate makes no express or implied representations or warranties regarding the accuracy, completeness, or timeliness of the information contained herein. Product features, interfaces, rules, and fee structures may be updated or adjusted at any time. Please refer to the latest announcements and the actual information displayed on the Gate platform for the most accurate details.Digital asset investments involve significant risk, and prices may fluctuate substantially. You may lose the entire amount of your investment. Please make decisions cautiously based on your own financial situation and risk tolerance after fully understanding the associated risks. If necessary, you are advised to consult an independent professional financial or legal advisor.
For more information about potential risks, please refer to Gate's Risk Disclosure and User Agreement.
