Staking ETH pays a yield, but a 20% drop in ETH can wipe out years of it. Delta-Neutral Staking pairs your staked ETH with a short of the same amount on ETHUSDT. If ETH falls, the short gains what the staked ETH loses; if it rises, the reverse. What remains is the staking yield, plus or minus the funding the short receives or pays.
What it costs
This strategy is open on every plan. What it trades is fixed by its design, so every plan runs the same scope; Standard is free.
Recommended minimum vault: Elite · See all store pricing →
How it works
The strategy holds a short on the USDT-margined ETH perpetual for the ETH you stake, 1 ETH by default, at the leverage you set, and every round brings the short back to that amount. The ETH itself is staked through the exchange's earn products, and both sides are meant to close once the staking yield and the funding rate are both low. While the short is open, it stops changing it when the leverage reads above your setting or the price comes closer to liquidation than your distance.
Key Features
Strategy profile
A snapshot of how this strategy behaves and who it suits, not a forecast of returns.
These are our assessments of strategy character, not user-specific performance figures.
The hedge is only as good as its size. The short is sized in the contract's own units, so check on the exchange that one unit is one ETH. When ETH rises fast the short needs more margin while the staked ETH gains in another account, and it can be liquidated if the perpetual account runs low. Funding is paid while shorts pay longs, which can cancel out the staking yield.
All figures on this page are simulated or historical backtest results, shown for information and education only. They are not real customer results, they do not include your specific fees and slippage, and past performance does not guarantee future returns. Your capital is at risk.
Frequently Asked Questions
Quick glossary
Definitions for the trading terms used on this page.
- Backtest
- A simulation of how a strategy would have performed on historical price data. Past results never guarantee future returns - markets change.
- Slippage
- The difference between the price you expect and the price you actually get when an order fills. Worse on illiquid pairs and during fast markets.
- Spread
- The gap between the best buy price (bid) and the best sell price (ask). Tight spreads = liquid market, wider spreads = more cost per round trip.
- Stop-loss
- An automatic exit order that closes a losing position when price hits a chosen threshold. Caps how much one bad trade can hurt you.
- Take-profit
- An automatic exit order that closes a winning position once price reaches a chosen target. Locks in gains without relying on you to watch the chart.
- Volatility
- How sharply price moves. High volatility = bigger swings in both directions, which means more opportunity but also more drawdown risk.
Want the staking yield without the price swings?
Every new Delta-Neutral Staking starts in paper trading: its orders are kept on paper and listed on the strategy page, and a paper run stops by itself after an hour.
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