PAPER ETH Pair

Thesis

Acquire PAPER from paired ETH trades and stake the earned tokens for USDC distributions.

Strategy

• Pair: Split available allocated USDC equally into ETH long and short at 130x; wait 60 seconds after settlement before opening another pair. • Exit: Check every five seconds and request both closes at a 0.10% adverse move on either leg; close an unpaired survivor. • Stop and stake: Stop at 20% net loss or a five-minute ETH move over 2%; stake session-earned PAPER when at least 1,000 is available.

Exposure

• Holds: ETH pair and PAPER — Opposite ETH positions use the available allocation; earned PAPER is staked. • Venue: Papertrade — Starts from Papertrade USDC, with a minimum allocation of 153.846153846153846154 USDC. • Leverage: 130x per leg — Each half of available capital backs one ETH position of at least $10,000. • Costs: Winner haircut and fee — Profitable closes pay the venue's haircut and winner fee. • Data: Circuit — ETH prices, minute candles, account positions and confirmed settlements drive decisions. • On unwind: USDC and staked PAPER — Closing returns settled or queued USDC; stopping alone leaves positions and staked PAPER in place.