Bitget Stocks: rToken & Perps API Guide
1. Product lineup: rToken spot + U.S. stock perps
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rToken spot (600+ tokens) — 1:1 representation of real stocks, with orders routed directly to the U.S. stock order book. Supports 24/7 trading, including pre-market and after-hours sessions.
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U.S. stock perps (250+ tokens) — Supports leverage and a funding rate mechanism, with 24/7 trading, including pre-market and after-hours sessions.
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Unified trading account (UTA) — Manage spot and perps in one account, with unified fund transfers, cross-margining, and combined PnL calculation.
2. U.S. stock strategies: a new opportunity for quant trading
Market trend: Cross-exchange funding rate and spread arbitrage (common TradFi strategy) is becoming a new growth area for quant teams.
Platform advantage: Bitget moved early into rTokens and U.S. stock perps, providing quant teams with a one-stop TradFi strategy execution environment to capture opportunities ahead of the market.
Why quant teams favor this strategy: Why are quant teams prioritizing U.S. stocks (rTokens + perps) — High funding rates, lower volatility, and potential dividend income.
| Funding rate comparison（7.29 - 8.5） |
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| Asset Class |
Representative underlying asset |
Cumulative funding rate |
Strategic Advantage |
| Stocks |
SNDK |
57.30% |
1. Significant fee advantages, enhanced returns. 2. Funding rate flips are relatively rare, so the overall trend can be maintained. 3. Risks can be completely avoided. |
| CRCL |
34.90% |
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| ORCL |
21.50% |
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| MU |
18.30% |
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| UNH |
17.80% |
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| TSM |
17.20% |
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| GOOGL |
15.40% |
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3. Strategy scenarios: Four key strategies
Strategy 1: Spot-perps arbitrage (single exchange)
Suitable for: Spot-perps arbitrage teams, asset management teams, and market-neutral funds
Strategy logic:
Hold a long spot position and a short perps position with the same notional value to maintain delta neutrality, so directional market moves do not affect the overall position.
Earning sources:
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Funding rate income: When the perps funding rate is positive, the short position earns the funding fees paid by long positions.
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Basis convergence gains: When spot and perp prices temporarily diverge, go long the lower-priced asset and short the higher-priced asset, then close the positions for a profit once the basis converges.
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Dividend income (if applicable)
Typical example:
Hold a long rNVDA spot position while opening a short NVDA perps position with the same notional value to earn positive funding rate income. If the basis widens from 1% to 3%, you can increase the basis position to capture gains from spread convergence.
Bitget's key advantages:
| Comparison |
Bitget advantage |
| Unified trading account (UTA) |
Spot and perps are managed under one account, eliminating cross-account transfers. Cross-margining helps maximize capital efficiency. |
| ADL protection |
Delta-neutral accounts are placed lower in the ADL priority queue, helping protect arbitrage strategies. |
| Margin loan |
Supporting the key stock assets' spot leverage trading function |
Strategy feasibility: 🟢 Available now — API access has been upgraded to 10 requests per second, with further upgrades to follow.
Strategy 2: U.S. stock asset allocation / index tracking
Suitable for: Asset allocation teams, family offices, and long-term holding strategies
Strategy logic:
Use rToken spot to build a U.S. stock portfolio as a complement to crypto asset allocation. Core use cases include:
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Index tracking: Hold ETF tokens such as rSPY, rQQQ, and rDIA to track major market indices.
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Sector allocation: Use rTokens to target specific sectors (tech: rNVDA; finance: rJPM; consumer: rAMZN).
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Stock-crypto rebalancing: Convert a portion of crypto asset gains into U.S. stock exposure to diversify across asset classes.
Bitget's key advantages:
| Comparison |
Bitget advantage |
| Comprehensive stock token offering |
600+ rTokens covering major U.S. stocks and ETFs, making Bitget one of the crypto exchanges with the richest stock product lineups. |
| USDT deposits |
No fiat currency exchange is required. Crypto funds can be converted directly into U.S. stock exposure. |
| Unified trading account (UTA) |
Manage crypto assets and U.S. stock exposure under one account, with no need to switch between platforms. |
| Dividend income |
Holding rTokens allows users to receive dividend payouts credited in USDT, generating passive income. |
Strategy feasibility: 🟢 Available now — simply buy rToken spot directly.
Strategy 3: Event-driven arbitrage (earnings/dividends/stock splits)
Suitable for: Event-driven strategy teams and quant teams focused on fundamentals
Strategy logic:
Capture price movements around corporate events such as U.S. earnings releases, dividend payouts, stock splits, and reverse splits. Bitget's rTokens and U.S. stock perps offer a crypto-native way to trade these events.
Sub-strategy breakdown:
| Sub-strategy |
Logic |
Execution |
| Dividend capture |
Hold rToken spot before the ex-dividend date to receive dividend payouts credited in USDT. |
Hold a long rToken spot position. |
| Stock split arbitrage |
Capture short-term spread opportunities from price adjustments around stock splits. |
rToken spot adjusts automatically, with no user action required. |
| IPO-related events |
Capture short-term volatility driven by new listings or major news. |
Go long or short flexibly using U.S. stock perps. |
Bitget's key advantages:
| Comparison |
Bitget advantage |
| Automatic dividend crediting |
Eligible rToken dividends are credited directly in USDT, with no manual action required. |
| Automatic stock split adjustments |
Stock splits and reverse splits are handled automatically, keeping positions unchanged with no user intervention required. |
| 24/7 trading |
U.S. earnings are typically released after market close, and Bitget allows users to trade on the news immediately. |
| UTA margin loan |
Event-driven strategies require flexible capital, and UTA loans enable rapid deployment. |
Strategy feasibility: 🟢 Available now — dividend capture and stock split arbitrage can be executed directly.
4. Bitget's core platform advantages
Advantage 1: Product leadership
| Bitget |
|
| rToken spot (RWA U.S. stocks) |
✅ 600+ tokens (and growing) |
| U.S. stock perps |
✅ 250+ tokens (and growing) |
| Unified trading account (UTA) |
✅ Spot and perps under one account |
| USDT settlement |
✅ Fully settled in USDT |
| 24/7 trading |
✅ |
| ADL protection |
✅ Neutral accounts are placed lower in the ADL priority queue |
Advantage 2: Institutional-grade service capabilities
| Service |
Description |
| VIP API express channel |
A dedicated Lola high-speed channel with millisecond-level low latency, ensuring fast delivery of high-frequency trading orders. |
| 1-on-1 technical onboarding |
A dedicated technical support team provides API optimization advice and customized fee plans. |
| Rate limit whitelisting |
Rate limit whitelist applications are available for high-volume trading needs. |
| Large order-splitting engine |
Supports smart order-splitting for large orders to reduce market impact cost (expected to launch in early September) |
| Loan services |
UTA margin loan + Crypto Loans, supporting rToken spot as collateral to borrow USDT and amplify strategy returns. |
| Real-time risk control |
Neutral accounts are placed lower in the ADL queue, with a delayed liquidation mechanism to help protect arbitrage strategies. |
5. Onboarding process
| Step |
Content |
| 1️⃣ |
Contact the BD/RM team — confirm service requirements and complete registration and KYC/KYB verification. |
| 2️⃣ |
API access setup — create an API key and configure permissions (spot + perps + UTA). |
| 3️⃣ |
Rate limit whitelist application — apply for higher rate limits based on strategy needs. |
| 4️⃣ |
Fund transfer — deposit USDT into the unified trading account. |
| 5️⃣ |
Strategy deployment — connect via API and start trading. |
- 1. Product lineup: rToken spot + U.S. stock perps
- 2. U.S. stock strategies: a new opportunity for quant trading
- 3. Strategy scenarios: Four key strategies
- 4. Bitget's core platform advantages
- 5. Onboarding process
