PURR Basis
Hold spot PURR, short the perpetual on Hyperliquid, and collect the funding.
How it works
Your account buys PURR on the spot market and opens a short PURR perpetual of the same size. Price moves on one side are offset by the other, so your position stays roughly flat while the short side collects funding.
Market details
Spot market
PURR on HyperCore
Perp market
PURR perpetual on Hyperliquid
Deposit asset
USDC
Funding frequency
Hourly
Risk presets
Conservative 1x · Balanced 2x · Aggressive 3x
Minimum deposit
Shown in the app for each risk level
Yield profile
Your yield comes from funding paid by traders who are long the PURR perpetual. Funding is paid hourly and moves with market demand, so your APR can change over time. See the live and 30-day average APR in the app.
Get started
Open a position from the Basic quickstart or configure your own automations in the Advanced quickstart.
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