# Strategy — Delta Neutral / Market Neutral

## Overview

Build a delta-neutral bot maintaining near-zero net exposure on Hyperliquid via paired long/short or spot-perp hedge with rebalance bands.

## Detailed Methodology

Net delta is computed across paired Hyperliquid positions. When `|net_delta| > rebalance_band`, a hedge order reduces exposure. Target is near-zero net delta with profit from basis/funding differentials.

**Optimal regime:** Low-directional-risk yield on Hyperliquid via hedged structures.

## Performance Context

| Metric | Value |
|--------|-------|
| PnL | +$4,120 |
| Win Rate | 79.6% |
| Sharpe | 2.95 |
| Max DD | -1.8% |

## Implementation

Full logic in `src/hyperliquid_bot/strategy.py`

## Configuration

Edit `config.yaml` params section for strategy-specific tuning.