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.