Funding Arbitrage

A delta-neutral strategy that operates simultaneously across Extended and Rocket, capturing funding rate arbitrage across multiple perpetual markets. The algorithm continuously scans orderbooks, identifies optimal entry and exit opportunities, and presents oppertunities for users.

Order Entry

Long Leg / Short Leg

• Long Leg: The buy side of the delta neutral position. You profit when the asset price increases, but in a delta neutral strategy this is offset by the short leg.

• Short Leg: The sell side of the delta neutral position. You profit when the asset price decreases, but in a delta neutral strategy this is offset by the long leg.

Account

• The exchange account used for each leg.

Pair

• The trading pair (e.g., BTC:PERP, ETH:PERP).

Leverage

• The leverage multiplier for the position. Higher leverage increases position size but also risk. Only applicable to perpetual futures contracts, not spot markets. The leverage will also allow you to maximize the funding arbitrage between both exchanges.

Size

• The total dollar value of the delta neutral position. This amount is not split equally between the long and short legs (each leg receives the same value that is entered into the size).