ETH Breakeven Papertrade

Thesis

Protects two chosen ETH longs on Papertrade by closing each one if ETH falls back to its own entry price.

Strategy

• Breakeven close: Every minute and when ETH crosses an entry, it closes a chosen long in full if ETH is at or below its entry price. • Only chosen longs: It touches only the listed positions (842883 and 803247 by default) and never opens trades.

Exposure

• Holds: Your two ETH longs — The listed Papertrade ETH longs, until each returns to its entry. • Venue: Papertrade — Funds stay in Papertrade; start it on the wallet holding the longs. • Leverage: Positions' own — It adds no borrowing; each long keeps its own leverage. • Costs: Close fees — Papertrade's fee on each close. • Data: Circuit — ETH price from Circuit's Hyperliquid prices. • On unwind: USDC on Papertrade — Each closed long's margin plus or minus its result returns as USDC.