Constant market vigilance
The agent keeps scanning funding and borrow conditions so you do not have to sit in front of GMX waiting for the trade to become attractive.
A new yield primitive
Basis Trade Agent is built for traders who know basis trades can outperform idle stablecoin yield, but do not want to babysit legging, funding flips, fee churn, and margin drift by hand. It watches GMX V2, waits for the right conditions, executes the trade, and keeps the whole decision trail visible.
Your personal agent
Why people want this
Basis trades are attractive because they can turn perp funding into yield without taking outright BTC direction. They are miserable because humans have to monitor entries, exits, margin, and fee churn constantly. This product exists to remove that operational burden.
The agent keeps scanning funding and borrow conditions so you do not have to sit in front of GMX waiting for the trade to become attractive.
No more improvising entries, overreacting to a rate flip, or forgetting that one bad round-trip can wipe out a month of earned carry.
When capital moves, you can inspect the exact activity trail and transaction links instead of hoping the automation really did what it claimed.
How it feels
Define the capital, target yield, and risk posture you want — in plain language, without turning every parameter change into a manual trading session.
Once your rules are set, the running loop keeps watching live market conditions and only acts when the trade clears the bar you defined.
When it acts, you can verify the execution path, the resulting holdings, and the live position state immediately — no black box.
Who this is for
The promise
Basis Trade Agent gives you the upside of a funding-driven BTC carry strategy with far less of the manual vigilance, friction, and execution anxiety that normally comes with it.