Documentation Index
Fetch the complete documentation index at: https://docs.paystream.finance/llms.txt
Use this file to discover all available pages before exploring further.
Paystream focuses on delta-neutral funding rate strategies that let you earn from perpetual funding rates without betting on price. Here’s how it works at a high level.
Strategies
We run delta-neutral funding strategies so you can earn from perpetual funding rates without betting on price. You’re not going long or short directionally; you’re hedged so that price moves cancel out across your legs and you keep the funding spread.
We support two structures: perp-to-perp (two perpetual legs on different venues, earning the funding rate difference) and spot-to-perp (long spot and short perp to collect funding). We use Hyperliquid, Drift, Pacifica, and Lighter. Before we enter any trade we run pre-entry safety gates and a stress simulation; once in a position we use margin tiers, ADL handling, and a kill switch so one bad move doesn’t blow up the book. For the full picture, see Strategies.
Vaults give you the same yield without the manual work. You deposit USDC and receive share tokens that track your stake. The protocol deploys your capital into delta-neutral positions and rebalances automatically as funding rates shift across venues — opening, closing, and moving legs to chase the best yield. Your share price rises as the vault earns; when you withdraw, you burn shares and get back USDC plus your accrued yield. No positions to manage, no execution to worry about. See Vault for deposits, withdrawals, and risks.
