The development of the Variational/Extended Delta-neutral bot is nearing completion, with deployment expected this week. The bot is designed to automatically identify optimal funding arbitrage opportunities between Variational and Extended platforms. It utilizes 90% of its capital to scale into positions, maintaining them until funding rates equalize, thereby harvesting funding and open interest points. Additionally, 10% of the capital is allocated to generate constant trading volume, aiming to capture spreads, although this feature remains inconsistent. The bot also includes automated risk management to mitigate liquidation risks. Access may be granted to users who increase trading volume using specific invite codes: OMNIVOID for Variational and COINNOTES for Extended.
Delta-Neutral Bot Nears Deployment with Advanced Arbitrage Features
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