⚖️Cross-Exchange Delta Neutral

Automated delta-neutral trading across Lighter and Variational DEXs for risk-minimized farming rewards.

The Cross-Exchange Delta Neutral strategy allows you to maintain market-neutral positions while farming on multiple decentralized exchanges simultaneously. By opening equal but opposite positions on Lighter and Variational, you can earn farming rewards without directional market risk.

🚀 Quick Start Guide

Step 1: Access Airdrop Farming

1. Navigate to https://app.dextrabot.com/discover-wallets

2. Click on "Airdrop Farming" from the top menu

3. Select "Lighter Farming" from the dropdown

Step 2: Configure Delta Neutral Farming Module

The Lighter Farming interface will open with the following configuration options:

API Configuration

• API - 1: Set to "Lighter"

• API - 2: Set to "Variational" (or another supported DEX)

Wallet Setup

You'll need to provide:

• 1st Lighter Wallet Address: Your Lighter wallet address

• API Private Key: Your Lighter API private key (see instructions below)

• API Key Index: A number between 2-254

For the second API (Variational):

• Variational Token: Your authentication token for Variational

Step 3: Enable Delta Neutral

Critical Step: Toggle the "Delta Neutral" switch to ON at the bottom left of the configuration panel.

⚠️ Important: Delta Neutral requires 2 slots to work properly

🔑 Getting Your API Keys

Lighter API Key Generation

Step 1: Access API Keys Section

1. Navigate to Lighter application at https://app.lighter.xyz/

2. Connect your wallet

3. Click on Tools dropdown menu in the top navigation

4. Select API Keys from the menu

Step 2: Generate New API Key

1. On the API Keys page, click the "Generate API Key" button in the top right corner

Step 3: Set API Key Index

1. Enter an API Key Index number between 2-254

   • Important: Indexes 0 (Desktop) and 1 (Mobile) are reserved and cannot be used

   • You can create up to 253 keys per account using indexes 2-254

   • Example: Use "111" or any number between 2-254

2. Click "Generate" button

Step 4: Save Your Keys

After generation, you'll receive three pieces of information:

1. API Key Index: Your chosen index number (e.g., 111)

2. Public Key: Your public key

3. Private Key: Your private key

⚠️ CRITICAL: Save your Private Key immediately! It will no longer be accessible after closing this popup. Store it securely – you'll need it for the farming module configuration.

Variational Token Extraction

Step 1: Access the Platform

1. Navigate to https://omni.variational.io/

2. Connect your wallet and sign the connection request

Step 2: Enter Access Code

• When prompted for an access code, enter the provided referral code

• This grants you access to the platform

Step 3: Accept Terms

Check and accept both checkboxes:

• ✅ "I accept Variational's Terms of Service"

• ✅ "I have read the onboarding guide and understand that Omni is currently in beta"

Complete the sign-in process

Step 4: Deposit Funds

• Deposit USDC on Arbitrum One to your trading account

Step 5: Extract Your Token

1. Right-click anywhere on the page and select "Inspect"

2. Navigate to the "Application" tab in developer tools

3. Click on "Cookies" in the left sidebar

4. Select https://omni.variational.io/ from the cookie list

5. Find the vr-token entry

6. Copy the entire token value

⚙️ Configuration Parameters

Final Setup

Once you have both API credentials:

1. Select Pair: Choose your trading pair (e.g., ETH with 50x leverage)

2. Trade Per Hour: Set how many trades you want per hour (e.g., 6)

3. Leverage: Set your leverage (e.g., 10x)

4. Delta Neutral: Ensure this is toggled ON

Position Sizing

The system automatically calculates position sizes:

• Uses 90% of the lower balance between the two DEXs

• Opens equal size positions on both platforms

• Maintains perfect hedge ratio