> For the complete documentation index, see [llms.txt](https://docs.neutral.trade/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.neutral.trade/for-capital-allocators/deprecated-vaults/aster-funding-arb-usdt.md).

# Aster Funding Arb (USDT)

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Earn sustainable, hedged yield — on your $USDT by capturing funding inefficiencies across Aster’s perpetual markets. Built by quant researchers, automated for everyone.

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### How the Strategy Works

Put your $USDT to work in a smarter way. The **Aster Funding Arbitrage Strategy** is built to capture funding rate inefficiencies on Aster’s perpetual markets — delivering sustainable, market-neutral yield.

No chasing token emissions. No guessing market direction. Just real returns from real market structure.

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### How It Works

This strategy runs a fully automated, **delta-neutral arbitrage model**. In plain terms: we balance spot and perpetual futures positions so price swings don’t matter — only funding payments do.

When traders pile into one side of the perp market, they pay a funding fee to the other side. Our system makes sure you’re always on the right side of that equation.

* If funding is **positive** → Long spot / Short perp
* If funding is **negative** → Short spot / Long perp

A hedged portfolio that earns from the demand for leverage, not from speculating on direction.

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### Why Delta-Neutral?

Delta-neutral means your exposure to the underlying asset is basically flat:

* Long 1 ASTER spot → +1 delta
* Short 1 ASTER perp → –1 delta
* Net = 0

That neutrality is what lets us isolate and harvest funding fees, regardless of whether the market is mooning or tanking.

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### Plug & Play for Depositors

Here’s what you do:

* **Deposit USDT** → that’s your ticket in.
* **Wait** → the system handles execution, rebalancing, and risk.
* **Withdraw** → once the cycle completes (typically 1–3 days).

It’s fully automated.

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### Built for Safety & Efficiency

It’s structured like a professional trading desk:

* Real-time rebalancing to keep delta flat
* Smart execution to reduce slippage and protect yield
* Low-leverage logic with liquidation buffers

The goal is simple: consistent, sustainable returns with controlled risk.

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### Where Yield Comes From

The yield here is 100% structural:

* **Funding payments** from perp markets (paid by overleveraged traders)
* **Spot-perp price gaps** that our system arbitrages automatically

No inflationary rewards. Just the natural flow of perp markets.

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### Fees & Withdrawals

* **Performance Fee:** 25% (only if the strategy makes money)
* **Management Fee:** Zero
* **Withdrawals:** Typically 1–3 days depending on cycle/liquidity
* **Deposit Lock:** 3 days

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📅 **Aster Funding Arbitrage Strategy Launch —**