ORBIT

Blog & Guides

Strategy guides for retail perpetual arbitrageurs. Funding rate basics, DEX airdrops, position sizing — written for traders who want to understand the math, not just chase APR numbers.

Risk6 min read

Delta-Neutral Position Sizing: How Not to Get Liquidated

A "delta-neutral" pair isn't risk-free. Margin requirements, exchange outages, and basis blowouts can still wipe an account. Practical sizing rules.

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Strategy5 min read

Price Arbitrage vs Funding Arbitrage: What's the Difference?

Both trades are delta-neutral and use two venues, but they capture different inefficiencies. When to use which, and why mixing them up loses money.

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Guide6 min read

How to Calculate Real Funding APR After Fees and Slippage

The headline funding rate is not what you keep. Step-by-step math for going from on-screen APR to realized net yield on a delta-neutral pair.

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Strategy7 min read

Top DEX Airdrop Campaigns to Farm Right Now (2026 Edition)

Active points programs on Hyperliquid, Aster, Lighter, dreamcash and other perpetual DEXs. Which give the best points-per-dollar and how to farm them safely.

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Guide8 min read

Funding Rate Arbitrage: A Beginner's Guide

How perpetual funding rates work, why they diverge across exchanges, and how to capture the spread with a delta-neutral pair trade. No directional bets.

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