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Volume and funding with your price exposure hedged.

Long on one venue, short on another. You set the size, the pace, and the hold time.

StartSee how it works
How it works

Build, hold, close, cool down, repeat

The bot opens a long on one venue and a short of the same dollar size on another venue, for the same asset. It aims to keep price exposure near zero while the two legs trade.

BuildHoldCloseCooldownRepeatLong on venue Asame dollar sizeShort on venue Bsame dollar size
Two modes

Points or funding

Points

Volume for points, with your price exposure hedged.

  • Shorter holds and more cycles
  • You pick the long and short venue

Funding

Collect the funding gap between two venues.

  • Long where funding is cheaper, short where it costs more
  • Longer holds, and closes early if the gap flips
You control the pace

Plain settings, clear defaults

  • Max positionThe dollar size of each side.
  • Fills and durationHow many fills build the position, and over how long.
  • Hold timeHow long both sides stay open.
  • How to closeGradually, like the build, or all at once.
  • RepeatHow many cycles to run, or until you stop.
Built-in safeguards

Two legs, watched together

No leg left alone for long

When one side fills, the bot sends the other side right away and chases it until both match.

Margin watched on each venue

Each leg's liquidation distance is tracked, and both legs shrink together if it gets close.

Venue errors close the other leg

If one venue stops answering, the leg on the other venue is closed and the cycle stops.

FAQ

Common questions

Is this risk-free?

No. One leg can be liquidated if its venue margin runs low, funding can flip against you, the two venues can price the asset differently, and every fill pays fees. The product aims to keep price exposure near zero; it does not remove risk.

Which venues can I pair?

Two different venues that list the same asset, from the venues you have connected, for example META on tradeXYZ and Arcus. Index pairs can use an ETF on one side, marked Proxy.

What is the difference between Points and Funding?

Points runs short holds and many cycles for volume. Funding holds longer and aims to collect the funding gap between two venues.

How are orders placed?

By default one leg rests as a maker order and the other is sent right after each fill. You can also choose taker on both sides, or maker on both.

Can Delta Neutral withdraw my funds?

No. It uses trading-only access on each venue: it can place and cancel orders, not withdraw.

When can I start with real funds?

After the engine passes paper testing with two real venues and a small live test. Until then you can set it up, see estimates, and run a simulation in the app, and Start reads Live soon.

Pairs well with

Same wallet, another product

Your wallet and venue account work for every Tidemaker product.