7-day curriculum

Day 1

Why this trade exists

The structural anchor between perpetuals and spot. Why funding rates are paid, who pays whom, and the four common misconceptions about the mechanism.

Day 2

The delta-neutral structure

Long spot + short perpetual. Why directional exposure is mathematically zero. Worked example: $10K capital, $5/payment, $5,400 annualized at a sustained 0.1% rate.

Day 3

Realistic APY: why 700% screens are misleading

The annualization math is correct; the persistence assumption almost never is. How to price the trade off the median sustainable rate, not the spike.

Day 4

Choosing the right exchange

Binance, Bybit, Hyperliquid compared on funding interval, fees, OI quality, and capital fit. Why your answer depends on whether you have $5K or $50K.

Day 5

The four mistakes retail makes

Annualizing snapshots, ignoring borrow costs, fees dominating small positions, not watching the basis. With concrete fixes for each.

Day 6

A working playbook for $5-50K capital

Entry rules, position sizing, exit rules, operational cadence. The expected result: 18-30% net APY with reasonable discipline.

Day 7

When to automate (and when not to)

The honest answer to "should I automate this?". The case for manual at <$20K, the case for automation at $20K+, and what we built.

What you'll get in your inbox

Lesson 1 within ~30 seconds of signup. Lessons 2-7 daily after that.

Each lesson is text-based, ~3-5 minutes to read. No videos to load, no platforms to log into. Just an email.

Unsubscribe link in every email. We won't sell your address. Course material doesn't expire. You can reference it anytime.