HYPE Funding Harvest

Funding-rate carryLive · modeledHYPE-USD · HyperliquidCurated by Velvet Quant

HYPE basis on Hyperliquid, the richest funding print in the scan, swept back in every six hours.

Modeled APY6.3%net of venue costs and the 20% compute fee

TVL$0$1.8K seeded

Share value0.00001.0000 at inception

Depositors1since inception

Capacity$11.6K$9.8K left

Capacity usedlimited by the depth of the HYPE perp book at Hyperliquid

16%

$1.8K deposited$11.6K total capacity

Overview

HYPE Funding Harvest collects funding on HYPE-USD at Hyperliquid. The basis engine holds spot long against a perp short at equal notional, and margin rules keep the short funded. Earned yield is swept back into the position on a 6h cadence.

All figures on this page are modeled from the vault's published parameters.

Vault configuration

CuratorVelvet Quant

CreatedJun 30, 2026

VenueHyperliquid

ChainHyperliquid L1

Strategy classFunding-rate carry

ModulesPerp marketBasis engineFunding guardAuto-compound

VerificationTrustless Execution Network, every action verified before it settles · modeled

Automations

Hyperliquid · HYPE perp

Basis engine

Holds spot long against a perp short at equal notional, and collects the funding.

In shadow

−1.06%net delta · target 0 · inside the bandmodeled now

−4.0%0+4.0%

Margin · keeps the short funded

Margin is below6.5%→Trim short, restore to 23%

Funding below−20.00% for 48 hours→Exit the venue

Cadence · every 5 minHedge leverage · 3.00xMargin reserve · 15%Margin now · 12.9%Last check · 5 min ago

Hyperliquid · Compounding

Auto-compound

Sweeps earned yield back into the position once it clears the threshold.

In shadow

Accrued since last compound$0.00

$0$0.09 accrues per 6h check · clears $155.00 in 1740 checks

At the 6h check, accrued at least$155.00→Harvest and re-supply

Cadence · 6hLast compound · 108d agoNext check · in 1h

Also installed

Funding guardCloses the short and parks in spot when funding sits under the published floor.

Envelope, bands and thresholds are the vault's published parameters.

Performance

Share value, modeled

1.0173

Deterministic model from inception at the vault's modeled APY. 1.0000 at inception.

Returns

Since inception 108d+1.73%

7d return modeled+0.02%

30d return modeled+0.35%

Parameters

MarketHYPE-USD

VenueHyperliquid

Funding window48 hours

Hedge leverage3.00x

Margin reserve15% of short notional

Margin rule6.5% → 23%

Hedge coinHYPE perp

Funding floor−20.0% APR

Harvest threshold$155

Compound cadence6h

Capacity$11.6K

Capacity bindinglimited by the depth of the HYPE perp book at Hyperliquid

Funding guardfloor −20.0%, 48 hours under it

Delta band±4.0%

Short liquidation+41% adverse HYPE move

RiskFunding under −20.0% for 48 hours closes the short.

Remaining capacity$9.8K

Min deposit$50

Compute fee20% of the vault's growth after costs, above its previous high

Management feenone on idle capital

Withdrawalno exit rail on a modeled record

Composed modules

Perp marketPins the perp venue and market the basis position runs on.

Basis engineHolds spot long against a perp short at equal notional, and collects the funding.

Funding guardCloses the short and parks in spot when funding sits under the published floor.

Auto-compoundSweeps collected funding back into the carry once it clears the harvest threshold.

Activity

Action	Detail	Time
Hedge trimmedmodeled	margin restored to 23%	4d ago
Hedge trimmedmodeled	margin restored to 23%	8d ago
Hedge trimmedmodeled	margin restored to 23%	12d ago
Vault published	by Velvet Quant · $1.8K seeded	Jun 30, 2026