Earning funding rates with zero price risk
A delta-neutral basis trading strategy on Hyperliquid. Long HYPE spot + short HYPE-PERP. Net price exposure: zero. Income source: hourly funding payments from leveraged longs.
Net APR
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after 4.5% friction
Funding rate
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per hour
HYPE price
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Live market data
Mark price--
Oracle price--
Basis gap--
Open interest--
Spot 24h volume--
Funding intervalEvery 1 hour
Strategy details
TypeDelta-neutral basis
AssetHYPE
Spot marketHYPE/USDC
Perp marketHYPE-PERP
ExchangeHyperliquid
Price exposureZero (hedged)
Monthly return projections
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Bear = current market · Bull = typical uptrend · Peak = mania periods. Not financial advice.
How it works
Step 1
Hedge
Buy HYPE spot and short equal size HYPE-PERP simultaneously. Price moves in both legs cancel out exactly.
Step 2
Earn
Collect hourly funding payments from leveraged longs. In bull markets, longs pay shorts up to 500%+ APR.
Step 3
Auto-exit
Bot monitors every 5 minutes. Exits automatically if funding flips negative. Capital is preserved.