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RiseX

Kingmaker Cup: Group B - Schizo

LIVE

$1,000 USDC funded by RISEx. 2-week ROI challenge.

I have$500$1K$2.5K$5K$10Kto farm with

Across both venues together — about $167 of position on each side.

12d 21h
ends in

Open to one partner cohort only (RISEx flag 'schizo_competition'). Check eligibility on RISEx before farming it.

CountsVOLUME
Target$100K
Reward pool—
Window13 Oct – 27 Oct
Eligible markets: read from the venue, never inferredAll 40 markets the venue listed when this was read. Stored as an explicit list, not resolved as a category at render time.

Can this be farmed delta-neutral?

BTC funding across every venue that lists it · live

YES · 25 HEDGES
Perpl+48.9%
Kraken+15.9%
Phoenix+14.1%
Extended+11.4%
Hyperliquid+10.9%
Ondo+10.9%
Pacifica+10.9%
Arcus+10.9%
PopDEX+10.9%
Bulk+10.9%
Nado+10.9%
Katana+10.9%
Your price to farm it, per $1M of volume
$437
Expected / $1M
$474
Worst / $1M

Every $1M of eligible volume you trade costs you this much, after the funding you collect while holding it. Funding is a forecast, so plan against the worst number. It assumes funding pays you nothing. We add nothing to this price.

What you would actually run
Position each side$167
Round trips300.0
Held for3.1h
Limited byHow much you have
  • Priced at the taker fee even though maker fills also count — a resting order is not a guaranteed fill, and quoting the maker discount would price a fill you might not get.
  • Assumes you can put an equal amount on each side. If one venue holds less, that side is your real limit.
  • Funding is a forecast; the worst number assumes it pays nothing.
Routes the plan picked
SymbolRouteSize / legCyclesHoldRound tripNet carryVolume creditedShare of 24h vol
BTCRiseX→Lighter$167100.03.1h6.6 bps0.4%$33,333<0.1%
BNBRiseX→Lighter$167100.03.1h8.4 bps44.0%$33,3332.3%
ARBRiseX→Lighter$167100.03.1h13.5 bps18.2%$33,33313.8%

The last column is context, not a limit. A route is capped by the venue’s open interest and by measured depth, never by its 24h volume, which has no measured threshold and overstates what a market can actually hold.

Where these terms came from

Read from RISEx's public competitions API by the campaign feed; the raw response is kept in campaign_feed_snapshots.

All 40 perp markets risex listed on 2026-10-13, enumerated from the venue itself. Stored as an explicit list, not a category — the set a user is shown must not move between reading this page and placing the trade.

Rules read fromapi.rise.trade/v1/competitions/schizo· verified 13 Oct 2026