BTC ETH Equal Weight

Thesis

A 50/50 Bitcoin and Ethereum portfolio seeks gains from rising prices while shifting exposure from the stronger coin to the weaker one.

Strategy

• Entry: Opens BTC and ETH long perpetual positions with half the allocated USDC value in each. • Rebalance: Checks every minute and targets 50/50 again when either coin reaches 55% or falls to 45% of their combined exposure. • Sizing and exit: At entry and rebalance, targets total exposure equal to allocated funds plus gains or losses, applies venue minimums, and holds until stopped.

Exposure

• Holds: BTC + ETH longs — BTC and ETH perpetual positions backed by USDC. • Venue: Hyperliquid — Trades BTC and ETH perpetuals with allocated USDC in its trading account. • Leverage: 1× target exposure — Total exposure equals allocated funds plus gains or losses at entry and rebalance. • Costs: Trading and funding — Pays Hyperliquid trading fees and ongoing funding payments. • Data: Circuit — Uses BTC and ETH prices and allocated holdings. • On unwind: USDC — Closes both perpetual positions and leaves USDC on Hyperliquid.