BTC funding carry
by carry.eth, 120 days of sample record
Example, not live, curated
+10.1%
since launch, after trading costs, before the performance feePrice per share, in dollars Starting price $1.0000 Monday settlement
+10.1%Since launch
−1.0%30 days
−1.9%Worst drop
$3.41MIn the vault
433Backers
Is it safe?
What the contract would not let it do, if it were live
- Trades only BTCOn Hyperliquid. Any other market is refused.
- Never borrows more than 2x its valueCounted on every open order, not only filled ones.
- If it falls 20% from its best, it can only cut positionsA fast market can still take it past 20%.
- Never puts more than 60% of the vault in one tradeThe most one market may hold at once.
- Rules loosen only with 7 days' noticeYou can leave on a Monday before a change applies.
The creator has 6.2% of the vault in their own money ($212K).
How does it trade?
Shorts BTC perps when traders pay too much to stay long, and holds the same amount in spot so price moves cancel out. Goes flat when funding flips.
StyleCarry
WatchesFunding rates, Open interest
Decides withRules only, no LLM
Checks the marketEvery hour
Run byAn independent creator
What would it cost?
For every $100 of profit
you would keep $85
The creator sets a 15% performance fee above your previous high. No deposit or exit fee.