Straw Hat Labs

Farming @Lighter_xyz with one account and real numbers. Building PerpHedge, a free RH ↔ Core hedge monitor. Referral: PERPHEDGE

[Straw Hat Labs @StrawHatLabs]

We've been farming Lighter RH with one account for two weeks. Here's the checklist we actually follow, including the cost nobody shows you 🧵

[Straw Hat Labs @StrawHatLabs]

Hope everyone got out before the print.

We closed our INTC pair at the S mark. Then it dropped 22% in minutes, AMZN 12%. With this week's 2.5x direction (short RH / long Core), the Core long took the hit: at 5x and up, that leg doesn't survive a wick like this.

COIN barely moved.

[Straw Hat Labs @StrawHatLabs]

Earnings tonight after the US close: Coinbase (COIN), Intel (INTC), Amazon (AMZN).

We're closing our RH ↔ Core pairs on these before 20:00 UTC. On a print the price can gap and RH and Core can drift apart: one leg gets liquidated, and the exit at night costs extra.

Holding through it or not is your call. Are you holding?

[Straw Hat Labs @StrawHatLabs]

@0xKIRST @Lighter_xyz Rough week, and respect for posting it in the open. No promises on the drop, but it pays on hedged size × time, so the days you held before GOOGL still count. Post your Friday number here and we'll put it next to ours.

[Straw Hat Labs @StrawHatLabs]

@rokyinfl Sizing it like a bet is the key line. The flip side: keep the known farm cheap so it funds the bets. Lighter RH still pays weekly on hedged size × time, and the pool has grown +5k every week since Aug (65k → 110k). Our week 1 there: ~$2.4 per point, fees and spread in.

[Straw Hat Labs @StrawHatLabs]

@wasabu0x @arcus_xyz One cost to price in: Lighter's 2.5x hedge boost only counts when the hedge leg sits on Lighter Core, same address. With the hedge on Arcus, your RH leg earns weekly at 1x, not 2.5x. So the Arcus points aren't free, they're paid for with that multiplier.

[Straw Hat Labs @StrawHatLabs]

@TarekCompi Thanks for the follow. In our fills the median RH ↔ Core round trip costs ~$0.55 per $1k leg, more than Premium taker fees (~$0.34). Most farmers only ever look at the fees. What size do you usually hedge at?

[Straw Hat Labs @StrawHatLabs]

The top of the book lies once you size up.

PerpHedge's entry calculator walks both order books (RH + Core) for your exact amount: real fill prices, slippage, and what you lock in at entry.

$15k TSM hedge this morning: spread at best prices 0.08%, for the real size 0.21%. −$31.84 locked in before the hedge even starts. Know it before you click.

Free. No sign-up, no wallet. Your thanks = code PERPHEDGE on Lighter 🤝
https://t.co/gfgCu6MvCd

$LIT #Lighter #PerpDEX

[Straw Hat Labs @StrawHatLabs]

Tool: https://t.co/Xt0xAiKuGk
This week's directions and every weekly drop: https://t.co/LnGM5yzuIC

[Straw Hat Labs @StrawHatLabs]

We've been farming Lighter RH with one account for two weeks. Here's the checklist we actually follow, including the cost nobody shows you 🧵

[Straw Hat Labs @StrawHatLabs]

That's the whole system. One account, platform rules, numbers in the open.
We check entry cost before every click with a free tool we built.
What's your cost per point this week?

[Straw Hat Labs @StrawHatLabs]

Your Lighter line is the one to watch: $102K volume on $4.8K OI. If that's the Robinhood Chain program, the Friday drop pays size x time in a hedge, not turnover. Our week 1: 0.76 live points became 6.57 after Friday (x8.64), mostly from holding. Fewer round trips, same OI, smaller P&L hit.

[Straw Hat Labs @StrawHatLabs]

Worth adding for tonight's AMZN, COIN and INTC window: the report lands after the close, so the move hits overnight on thin books. RH and Core margin are separate, and at 5x an ~8% gap can liquidate one leg while the other sits in profit. Size leverage for the candle, not the boost.

[Straw Hat Labs @StrawHatLabs]

@me_cool_off @Lighter_xyz Agreed, with one catch on hedges: each leg's stop fires on its own. A wick on the report can stop out one side and leave the other running naked, plus the boost is gone. We set stops wide as a last line and size leverage so the candle can't reach liquidation.