ETH Funding Long

Long ETH on negative funding

How it works

Thesis

Automatically holds an ETH long on Hyperliquid while expected funding is negative and closes when it becomes positive.

Strategy

• Funding sign: It checks the expected next-hour funding rate every minute, entering below zero and closing above zero, and exactly zero leaves the position unchanged. • Sizing: Each entry targets exposure equal to 5% of allocated USDC, increased to the venue minimum when affordable, and it never adds to an existing long. • Pause after liquidation: Liquidation or an unexplained disappearance pauses new entries for 24 hours; otherwise it runs until stopped.

Exposure

• Holds: USDC and an ETH long — An ETH perpetual is a price position with no expiry, rather than ownership of ETH itself. • Venue: Hyperliquid — Start with EVM Imported in Terminal; Gas Seed ETH and Gas Seed SOL are blocked, and this agent makes no transfers. • Leverage: None — Each entry targets exposure equal to 5% of allocated USDC. • Costs: Fees and slippage — Trading fees, and orders allow a 1% price movement with unfilled amounts cancelled. • Data: Circuit — Uses only Circuit data. • On unwind: Positions close — Stopping closes this session's positions.

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