LIT Funding Short

Thesis

Shorts LIT on Hyperliquid while longs pay high funding, collecting those payments plus any drop as crowded longs unwind.

Strategy

• Short when funding is high: Every 15 minutes, opens a LIT short when predicted hourly funding is at or above 0.00125% (adjustable). • Exit when it cools: Closes the whole short as soon as predicted funding drops below that level. • Sizing: Uses the full allocation as margin at 2x leverage by default, one position at a time.

Exposure

• Holds: LIT short, USDC — A short LIT perpetual backed by your USDC, or just USDC while funding is low. • Venue: Hyperliquid — Trades and holds your USDC on Hyperliquid. • Leverage: 2x default — Adjustable from 1x to 5x. • Costs: Trading fees — Hyperliquid fees on each open and close; funding is received while longs pay. • Data: Circuit — Funding rates and positions come from Circuit. • On unwind: USDC — Closing the short returns USDC on Hyperliquid.