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.
Live NAV chart available after first week of operation.
Strategy
The vault holds offsetting long and short positions across perpetual DEXes to capture funding rate spreads. Positions are rebalanced systematically to maintain delta neutrality. All trades are executed across multiple venues and verified on-chain.
Read full strategy documentation →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% |
Vault terms
- Strategy
- Delta-neutral funding rate arbitrage
- Network
- Arbitrum
- Asset
- USDC → nystUSD
- Min deposit
- $100
- Performance fee
- 20% on profits
- Management fee
- None
- High-water mark
- Yes
- Withdrawal
- T+1 (next NAV update)