Perpetual funding arbitrage
We identify funding-rate arbitrages across perpetual decentralised exchanges.
Scan arbitrage opportunitiesHedge positionsCapture funding
Private digital asset fund
Market-neutral returnsfrom onchain markets.
Delta-neutral funding arbitrage and strategic participation across promising onchain ecosystems.
One strategy.Two return engines.
Prisma Capital combines market-neutral funding arbitrage with strategic participation in onchain ecosystems.
Both engines share the same objective: capitalize on market inefficiencies without relying on directional market movements.
Fee-aware onchain participation
We pursue cost-efficient activity across Hyperliquid and Polymarket, seeking ecosystem rewards.
Detect low-cost marketsBuild volumeEarn ecosystem rewards
Past result. Capacity-adjusted objective.
2025
Realised strategy return*Completed period
38.0
Performance at the prior capital base.
A realised result for one complete calendar year, presented as historical evidence, not as an expectation for the enlarged fund.
2026
Underwriting objectiveCurrent scale
Up to15
Capped by design.
These opportunities are thin. Beyond a certain size, entering and exiting a position moves the price against us and the edge disappears. That’s why the fund is capped. We take on few investors by design, not by preference.
Capacity discipline
The lower objective reflects more selective capital deployment at a larger scale, not a change in strategy or risk standards. Capital is deployed only where liquidity and execution quality remain consistent with the mandate.
Market depthNet spreadExecution capacity
Yield is earned.Risk is engineered.
Every opportunity must pass four checks: market exposure, liquidity, execution costs and incentive risk.
Directional neutrality
Paired positions reduce exposure to market direction.
Venue limits
Position sizes are capped by venue, asset, counterparty and liquidity.
Execution discipline
Fees, slippage and exit capacity are assessed before entry.
Incentive conservatism
Unannounced token distributions are never treated as expected returns.
Private investor materials