Introducing new AlphaShell module for @papertrade_xyz: Paper Print Machine. PAPER is minted on losses. So it opens a long and a short on Papertrade (BTC or ETH) and closes both after a X% move: one leg mints PAPER, the other pays only the haircut. Payout queue monitored. Your funds stay yours. Reply PAPER to get in.

You can automate these hedges on Lighter and Extended with AlphaShell (Arcus soon). Non-custodial agent, just sets the threshold and runs.

Agreed, and it's still early. Are you already trading on Arcus, or still watching?

We’re integrating @arcus_xyz into AlphaShell. Arcus is the perp DEX on Robinhood Chain, built by the dYdX team with Robinhood Crypto as an investor. It did $2.94B in volume in the first week of its points program. Season 1 is only in week 3: 250K points every week, running into mid-2027, and no token yet. AlphaShell will run delta neutral on Arcus around the clock. Collect funding and earn points, without betting on price. Reply “Arcus” and we’ll DM you the moment it’s live.

Variational API trading lets gooo

Ever got caught by a funding flip overnight?

Are you farming other perps (Lighter, Extended, Arcus) or only variational ? Or not really because you don’t have enough time for all these exchanges ?

Ever got caught by a funding flip overnight?

Do you rebalance the hedge when funding flips?

Is most of that from volume you were already doing, or extra volume just for the points?

Do you usually take these spreads, or just track them?

Are you trying to stay roughly neutral while stacking points, or mostly just running volume?

On Variational, are you mostly pushing volume for points or also collecting funding?

How often do you check that the two legs stay balanced?

Most traders farm points by churning volume and paying fees for it. A delta neutral position collects funding while its trades count toward points, without betting on price. AlphaShell runs delta neutral on Lighter & Extended. Self-hosted, your keys stay with you. alphashell.io Terms change often. Not financial advice.

10 perp DEXes paying points right now. 8 of them haven’t launched a token yet. Ranked, bookmark this: 1. @variational_io: 32% of $VAR supply to points holders. Token planned for Q4. 2. @Lighter_xyz: $11M in $LIT for trading its perps on Robinhood Chain. 3. @extendedapp: Season 1, up to 600K points a week. No token yet. 4. @pacifica_fi: Season 1, 10M points a week. No token yet. 5. @arcus_xyz: Season 1 on Robinhood Chain, running until mid-2027. 6. @nadoHQ: Season 2 on Kraken’s Ink chain. 7. @risextrade: Ignite Season 1. Open interest and hold time earn points. 8. @DecibelTrade: Amps Season 1 on Aptos. Longer holds score higher. 9. @paradex: XP Season 3, 4M XP a week. 10. @hibachi_xyz: 1M points a week. No token yet. Not on the list: Hyperliquid and Aster have no live points program. Which one are you farming?

Do you try to stay neutral on the positions you use for points, or mostly just push volume?

Is most of that volume just for the points, or are you also collecting funding while you’re in?

Are you mainly optimizing for points, or also watching the funding on those trades?

On the delta-neutral version, did it occur to you that funding flipped overnight?