Real-time yield decomposition showing the two independent sources that power Kerne's delta-neutral strategy. Funding rates come from perpetual futures markets; staking yield comes from Ethereum proof-of-stake validation rewards.
These rows show each exchange's current-moment perp funding rate annualized, the hedge leg Kerne shorts. The skUSD APY shown on the stat card above uses a 180-day trailing mean of this funding plus LST staking, 3× leverage, and cost deductions. Short-term funding can flip negative; the trailing window smooths the noise so user yield is stable.
