Delta-neutral trading across crypto exchanges
ScikGroup is an early-stage proprietary trading startup run by one founder. It is building software for delta-neutral strategies: offsetting spot and perpetual-futures positions held on different crypto exchanges, funded with the founder's own capital.
- Spot leg (long)
- Perpetual leg (short)
- Net exposure
What the platform does
A delta-neutral position pairs two legs that cancel each other's price risk. A simple example is buying a coin on the spot market and shorting the same amount as a perpetual future. The position is built to earn from the difference between the two markets, such as funding payments or a price gap between venues, and not from the coin moving up or down.
Running this across exchanges is mostly an engineering problem. Two parts of the platform work today: it collects public market data from six exchanges, and it backtests strategies locally on that data. Placing orders and tracking positions across venues is the next part to build.
Where the project is today
- Stage
- Pre-launch. Research and testing.
- Working today
- Market-data collection and a local backtester.
- Exchanges covered
- Binance, Bybit, MEXC, KuCoin, Gate and Aster.
- Markets
- Spot and perpetual futures.
- Research so far
- One month of analysis. About 100 spot and perpetual routes reviewed.
- Strategies
- Delta-neutral.
- Team
- One founder, who is also the only trader.
- Capital
- The founder's own. Self-funded, with no outside investors or client money.
- Other traders
- None yet. Hiring is planned only if the strategies prove themselves.
Why it runs on AWS
Many of the exchanges the platform works with host their systems in the AWS Tokyo and Singapore regions. Running in the same regions keeps the round trip between the platform and the exchange short, which matters when two legs on two venues have to be placed close together in time.
Part of the infrastructure already runs in the AWS Tokyo region.
What comes next
-
NowCollect data and backtest
Market data from six exchanges feeds a local backtester. About 100 spot and perpetual routes were analysed in the first month.
-
NextBuild execution and start trading
Add order placement and position tracking, then trade delta-neutral strategies with the founder's capital.
-
Later, if results justify itAdd traders and venues
Bring in traders to research new strategies, and add more venues, including further decentralised exchanges.
What this is not
ScikGroup trades its founder's capital only. It does not manage money for anyone else, does not accept deposits or investment, does not sell trading signals, and does not currently offer funded accounts to traders.
Nothing on this page is an offer, a solicitation or investment advice. Delta-neutral strategies reduce exposure to the direction of the price. They do not remove risk.
Contact
Questions about the project go to the founder at founder@scikgroup.xyz.