Verifiable funding rate returns.
A delta-neutral vault capturing funding rates across perpetual DEXes. No management fee. 20% performance fee on profits, above high-water mark only.
Strategy
The vault holds the same asset long on one perpetual DEX and short on another, in equal size. Price moves cancel between the two legs; what the position keeps is the difference in funding the two venues pay. Pairs are picked from funding both venues have already settled and published, worked on and off as maker orders, and closed when that funding reverses or decays — never on a schedule or a price target.
How it works, in full →Live funding rates
| Asset | Long venue | Rate | Short venue | Rate | Spread |
|---|---|---|---|---|---|
| BTC | Hyperliquid | +0.0120% | dYdX | -0.0031% | +0.0151% |
| ETH | Drift | +0.0084% | Paradex | -0.0012% | +0.0096% |
| SOL | Lighter | +0.0103% | edgeX | -0.0019% | +0.0122% |
| ARB | GRVT | +0.0067% | Drift | -0.0008% | +0.0075% |
