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ETH-USD · 3x short hedge
Hold ETH spot and short the ETH-USD perpetual in equal size. Price exposure nets to zero; the yield is the funding rate on the short — positive when longs are crowded.
4 funding readings logged since 2026-07-06 · -3.65% since the last reading.
Preview the exact hedged position before you sign. Figures update from the live mark price.
Drag the ETH price. The hedge holds value where holding would not.
ETH moves -30.00% to $1,872 — holding loses $300; BasisDesk keeps $1,006.
$700
-30.00%
$1,006
+0.61%
$6.75
short earns
$1,000 into the ETH-USD hedge at 3x, held 30 days. The hedged line is flat because the spot and short legs cancel — the same price-invariant math the deposit is signed against. The blue line is BasisDesk; the grey line is holding.
At 0.13 bps/hr funding, the short earns an annualized 10.95% while the hedge holds price exposure near zero. Institutional ETF flow is supportive (high conviction, latest +87M): Day 6 inflow streak.
Funding resets hourly and can turn negative; 32% liquidation room.
grounded in SoDEX funding 10.95% APR, SoSoValue Day 6 inflow streak