3. Delta Neutral Funding

Farm on RiseX · Guide 3

Start Delta Neutral Funding. Half your money on RiseX, half on Hyperlink, and the price move cancels out.

It holds a long on one exchange and a short on the other in the same coin. When the price moves, one side gains what the other loses. It collects the gap in funding between the two exchanges, and RiseX pays points for the positions it holds.

Watch the four steps

One window does both exchanges. Each step has a Check again key that reads your accounts again after you move money.

The Farm page with Delta Neutral Funding, Hyperlink beside the robot's cards
Delta Neutral Funding, step 1: How much do you want to farm with? $250 on the slider
Delta Neutral Funding, step 2: Connect RiseX and fund it, with a Connect RiseX key
Step 2 done: ARC's key on your RiseX account and $540 free on RiseX
Delta Neutral Funding, step 3: Connect Hyperlink and fund it, with a Connect Hyperlink key
Step 3 done: ARC's key on your Hyperlink account and $520 free there
Delta Neutral Funding, step 4: Ready, the plan, and the start key

These are ARC's own windows, filled with example amounts. Yours show your own.

The steps in words

  1. AmountSlide to how much you want in it. Half goes on each exchange. The first time, the press also accepts the Farm terms.
  2. RiseXPress Connect RiseX if it is not connected (that is Guide 1), then make sure your RiseX account holds your half. Check again reads it again after a deposit.
  3. HyperlinkPress Connect Hyperlink and sign twice, free. ARC takes no fee on this side. Then move your half in: the row offers the move from wherever your money is.
  4. StartRead the plan and press the key at the bottom. ARC opens the first markets on both exchanges.
The PopDEX oneThe steps are the same, with PopDEX in place of Hyperlink. PopDEX holds USDT, not USDC: the PopDEX row has its own Deposit USDT key, from Arbitrum. PopDEX gives Pop Tickets for trading there.

What it does with your money

  • Each side trades at 2x. $500 on each exchange holds up to $1,000 long on one and $1,000 short on the other.
  • It picks up to 3 markets where the funding gap between the two exchanges has been widest over the last 3 days. It opens one only where the gap would repay the cost of getting in and out.
  • It closes a market when its gap turns, and moves to a better one.
  • RiseX pays points for open positions and how long they stay open. RiseX has not said how many.

Two traders, start to finish

Fin has $1,000 in an ARC wallet and nothing on either exchange.

Fin picks $1,000. On the RiseX step, Fin joins RiseX and deposits $500 (Guide 1). On the Hyperlink step, Fin connects Hyperlink and presses Deposit to move $500 from the wallet. Then Start. About ten minutes, most of it waiting for the RiseX deposit.

Gus already runs the robot and wants Delta Neutral instead.

The Delta Neutral card is locked while the robot runs, because a RiseX account runs one strategy at a time. Gus stops the robot first, waits for it to close its trades, then presses Delta Neutral Funding.

The names are examples. Stopping, taking money out and fixes are in Guide 4.