Strategy: Capturing Price Spreads on Hyperliquid

This strategy involves executing an arbitrage-style way / hedge between two correlated assets (SKHNIX and SKHY) where certain exchange rates apply.

Strategy Overview

• Potential Profit: Capture or narrow spreading through relative value trading
• Required Assets: SKHNIX, SKHY, USDT/Collateral
  (Specifically targeting the relationshipwhere 1 SKHNIX = 10 SKHY lack enough data for specific ROI percentage but focuses on closing spreads).
• Complexity: Medium

Step-by-Step Guide

1. Open your account on Hyperliquid.
2. Identify current market prices using any available parser toolset up to this moment.
3. Set up one short position in either asset accordingmto standard protocol rules if you are looking at opposite sides of a pair properly sizeds - usually one side is long and another is short; do not overleverage with high multiples (

! DYOR (Do Your Own Research)