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Funding harvest bot
On perpetual futures, one side pays the other a funding fee every hour.
More
A Funding harvest bot holds the side that is paid (a short when longs pay, a long when shorts pay) while the rate is above your level.
When to use it
When funding on a coin is high for long stretches. It holds one side only, so the price still moves it.
Settings
Every bot trades in your own Hyperliquid account. In the setup you pick the market, the amount and the leverage; Safe, Balanced and Aggressive fill in the rest from the coin's own volatility, and Customize settings opens every setting below. Rivemont's fee is from 0.1% per fill, lower with your 30-day volume, plus Hyperliquid's own trading fee.
- Side
- Short, long or both: the side(s) it may hold.
- Enter at
- Opens when funding pays the side this much per hour (in %).
- Exit under
- Closes when it pays less than this (must be lower than the entry level).
- TP and SL (required)
- Close at a price profit or loss from the entry.
- Amount and Leverage
- The position's size.
Example
Funding on a coin pays shorts 0.01% per hour. A $1,000 short earns about $0.10 an hour, $2.40 a day. A 1% price rise costs $10, so the price matters far more than the funding.
What can go wrong
One side only.
A price move against it can outweigh weeks of funding; keep the stop loss.