// STRATEGYfundingcarryborosread-only

// Boros Carry

// Fixed-vs-floating perp funding carry on Pendle Boros (Hyperliquid). The Forge shows the spread and the forecast — you sign on Boros.

// SOURCE: Pendle Boros (Arbitrum) · Synth SN50 · read-only

> The Forge locks nothing. It shows the spread. You sign on Boros.

> Not financial advice. DYOR. No refunds in the wasteland.

FETCHING STRATEGY DATA [▓▓▓░░░░]

// FORGE OF THE DAY

SOL

+1265 bps NET

// Widest net carry edge in a CARRY regime right now. Data, not advice.

[JUMP TO CARD ↓]

// LIVE MARKETS · 4 ASSETS · FRESH

// BOROS CARRY — BTC

CARRY · vol 31% · MEDIUM

SIDESHORT YU-BTC-28AUG2026

BOROS FIXED APR6.95%(you receive at maturity)

HL FLOATING APR5.66%(you pay)

BID/ASK SPREAD31 bps

GROSS EDGE APR+129 bps

SETTLE FEE DRAG-10 bps

NET CARRY EDGE+119 bps

// bot ref: 300 bps · not advice

BREAK-EVEN~60.7h (open+close)

// MARKET REGIME

VOL REGIMESTABLE (ratio 1.35)

ABSOLUTE VOL (24h)31%

STRESS PROXYno stress · OI -2% · funding 0.5× · premium -2 bps

// AT-RISK: Margined position — mark-to-market + liquidation risk on both legs · Floating can rise above fixed; the displayed edge holds only while floating stays below fixed · wBTC collateral on the BTC market — BitGo custody / depeg risk

// BOROS CARRY — ETH

VOL EXPANDING · vol 57% · MEDIUM

SIDESHORT YU-ETH-28AUG2026

BOROS FIXED APR6.83%(you receive at maturity)

HL FLOATING APR10.95%(you pay)

BID/ASK SPREAD15 bps

GROSS EDGE APR-412 bps

SETTLE FEE DRAG-10 bps

NET CARRY EDGE-422 bps

// bot ref: 400 bps · not advice

BREAK-EVENn/a (SHORT YU not viable)

// MARKET REGIME

VOL REGIMEEXPANDING (ratio 1.65)

ABSOLUTE VOL (24h)57%

STRESS PROXYno stress · OI -2% · funding 1.0× · premium -2 bps

// AT-RISK: Margined position — mark-to-market + liquidation risk on both legs · Floating can rise above fixed; the displayed edge holds only while floating stays below fixed · SHORT YU net edge negative — LONG YU may favor (see direction_favors)

// BOROS CARRY — HYPE

CARRY · vol 66% · HIGH

SIDESHORT YU-HYPE-28AUG2026

BOROS FIXED APR8.85%(you receive at maturity)

HL FLOATING APR10.95%(you pay)

BID/ASK SPREAD30 bps

GROSS EDGE APR-210 bps

SETTLE FEE DRAG-10 bps

NET CARRY EDGE-220 bps

// bot ref: 300 bps · not advice

BREAK-EVENn/a (SHORT YU not viable)

// MARKET REGIME

VOL REGIMESTABLE (ratio 1.22)

ABSOLUTE VOL (24h)66%

STRESS PROXYno stress · OI -0% · funding 1.0× · premium +4 bps

// BOROS CARRY — SOL

CARRY · vol 49% · MEDIUM

SIDESHORT YU-SOL-31JUL2026

BOROS FIXED APR-0.79%(you receive at maturity)

HL FLOATING APR-13.54%(you pay)

BID/ASK SPREAD44 bps

GROSS EDGE APR+1275 bps

SETTLE FEE DRAG-10 bps

NET CARRY EDGE+1265 bps

// bot ref: 300 bps · not advice

BREAK-EVEN~0.4h (open+close)

// MARKET REGIME

VOL REGIMESTABLE (ratio 1.42)

ABSOLUTE VOL (24h)49%

STRESS PROXYno stress · OI -0% · funding 1.9× · premium -3 bps

// AT-RISK: Margined position — mark-to-market + liquidation risk on both legs · Floating can rise above fixed; the displayed edge holds only while floating stays below fixed

// Boros Carry

// TRANSMISSIONS

// MISSION LOG

// THE COURIER

// Boros Carry

SOL

// BOROS CARRY — BTC

// BOROS CARRY — ETH

// BOROS CARRY — HYPE

// BOROS CARRY — SOL