### 试水账户 Hyperliquid sandbox
<div class="subtitle">小资金试水:在 Hyperliquid 上用永续合约做网格交易和跨平台对冲,单仓杠杆不超过 4x。</div>
### 交易合约 Crypto & Perps
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##### Bread&butter <small>(括号内为平台最高杠杆,截至2026/10;实际≤4x)</small>
L, HYPE-USDC (10x) - HYPE token
S, xyz:TLT-USDC (20x) - iShares 20+ Year Treasury, price only, no dividend
L, xyz:XYZ100-USDC (30x) - Nasdaq-100–like
L, xyz:XLE-USDC (20x) - Energy sector
L, xyz:GOLD-USDC (25x) - 1 troy oz gold (XAU/USD)
L, xyz:BRENTOIL-USDC (20x) - 1 barrel Brent oil
S, xyz:NATGAS-USDC (10x) - 1 MMBtu Henry Hub natural gas
##### Casual
xyz:SP500-USDC (50x) - S&P 500
xyz:SILVER-USDC (25x) - 1 troy oz silver (XAG/USD)
xyz:CL-USDC (20x) - 1 barrel WTI oil
xyz:COPPER-USDC (20x) - 1 lb copper
### 跨平台对冲 Cross-hedging opportunity
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Perps on Hyperliquid track price only, without dividends.
Cross-hedge P&L (long ETF + short perp) = dividend + funding received − financing − fees − basis/tracking error
![[Pasted image 20261009120926.png]]
<small>Even without a dividend, TLT longs on Hyperliquid paid ~1.3% cumulative funding over three weeks (~20% annualized) to bet on a rally.</small>
### 自动网格交易 Grid hyperliquid
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hl_grid ScaleTrader v0.1, 10/10/2026
![[Pasted image 20261010164017.png]]
![[Pasted image 20261010163940.png]]
![[Pasted image 20261010164101.png]]