Yield

Earn on neutral coins

Coins backed by a delta-neutral carry — long spot on Save, short perp on Hyperliquid — earn the funding rate instead of betting on price. Steadier backing, real yield. It is variable, not a fixed APY.

Live earnings · Hyperliquid position
Live
Account value
Funding earned
Net (uPnL + funding)
MarketSideSizeEntryuPnLFundingLiq.

Funding accrues over time (annualized) — leave the position open days to see the carry. Save supply APY on the collateral accrues separately.

Neutral backing · carry
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Coins earning
0
Total backing
$0.00
Avg carry APR
CoinMarketsBackingBlended fundingCarry APRPayout
No neutral coins yet.
How this yield works

Neutral coins hold a price-hedged basis position (long spot on Save + short perp on Hyperliquid) and earn the funding rate, financed by a borrow. Carry APR = L·(funding + supply) − (L−1)·borrow, using live funding and Save rates (supply 3% / borrow 5.67%). It is variable and can turn negative if funding drops below the breakeven — this is not a fixed APY. Read more →