Skip to content

Risk Management

The system uses delta-neutral hedging:

  • Long and Short positions with equal size
  • If price rises: Long profits, Short loses → Net = 0
  • If price falls: Long loses, Short profits → Net = 0
  • Profit comes only from funding fee differential

The system continuously verifies that positions remain balanced:

CheckAction
Bybit has position, KuCoin doesn’tAuto-open hedge on KuCoin
KuCoin has position, Bybit doesn’tAuto-open hedge on Bybit
Both positions closedStop monitoring, mark as done

The system handles 6 different scenarios:

ScenarioConditionAction
1Both exchanges have positions✅ Monitor (fully hedged)
2Bybit has, KuCoin empty🔄 Open partial hedge on KuCoin
3KuCoin has, Bybit empty🔄 Open partial hedge on Bybit
4No positions, pending orders exist⏳ Monitor orders
5Clean state (no positions/orders)🚀 Open full hedge
6Mixed state⏳ Monitor
  • Zirodelta uses OAuth for secure exchange connections
  • OAuth never grants withdraw permission
  • Your funds remain safe on the exchanges
  1. Start Small - Begin with smaller amounts to understand the system
  2. Monitor Regularly - Check your positions and funding rates
  3. Diversify - Don’t put all capital in one trading pair
  4. Understand Fees - Factor in trading fees when calculating expected profits