Vectis New Upgrade: UltraX Arb V2 ETH Vault

Vectis announces the launch of UltraX Arb V2 (ETH) Vault, building on the existing UltraX Arb V2 (SOL) strategy framework with further upgrades to its arbitrage strategies, trade execution, and vault infrastructure. The launch brings a market-neutral strategy product to users in the Ethereum ecosystem, with capabilities designed to support larger institutional allocations.

UltraX Arb V2 (ETH) Vault targets funding rate differentials, basis spreads, and cross-exchange pricing discrepancies in perpetual futures markets. Through dynamic hedging and automated capital allocation, the strategy seeks to capture returns from structural market opportunities rather than relying on directional price movements.

Expanding Arbitrage Coverage and Enhancing Execution

The upgrade broadens the strategy’s coverage across crypto assets and markets linked to real-world assets (RWAs), U.S. equities, and commodities, expanding the range of potential arbitrage opportunities.

An upgraded execution engine also supports more frequent portfolio rebalancing and faster trade execution, helping the strategy capture short-lived funding rate and basis dislocations. The strategy continuously evaluates potential returns, trading costs, and liquidity conditions, seeking attractive risk-adjusted returns while controlling directional exposure.

Adding OKX to Expand the Cross-Exchange Liquidity Network

With the addition of OKX, UltraX Arb V2 (ETH) Vault’s primary trading network now spans Binance, Hyperliquid, and OKX. According to capital allocation information disclosed by Vectis, more than 90% of deployed capital is concentrated across these three venues.

The expanded trading network provides access to a wider range of funding rate and basis arbitrage opportunities. Broader liquidity access also supports improved order execution, slippage management, and capital allocation flexibility.

Capital allocation is not static. The strategy continuously evaluates funding rates, basis spreads, market depth, margin utilization, venue capacity, and execution efficiency, dynamically adjusting positions and capital distribution accordingly.

Partnering with Accountable to Support Ethereum Deployment

UltraX Arb V2 (ETH) Vault uses Vault-as-a-Service (VaaS) infrastructure provided by Accountable to support vault deployment, operations, and ongoing management, providing an infrastructure foundation for the strategy within the Ethereum ecosystem.

Meanwhile, UltraX Arb V2 (SOL) continues to be supported by Voltr, Vectis’ long-standing infrastructure partner. By working with specialized providers across different ecosystems, Vectis is extending its existing strategy capabilities to Ethereum while drawing on each blockchain’s native strengths to enhance the user experience.

The ETH Vault combines on-chain vault management with professional trading infrastructure, enabling users to independently view relevant on-chain vault activity. On-chain verifiability primarily covers the corresponding blockchain records; it does not mean that all positions and activities within trading venues are publicly verifiable.

Strengthening Real-Time Risk Controls, Collateral Management, and Institutional Custody

UltraX Arb V2 (ETH) Vault uses Vectis’ proprietary real-time risk engine to continuously monitor position exposure, margin health, account equity, funding rate anomalies, trading venue status, and execution quality. This monitoring is complemented by predefined operational procedures to address market volatility and venue-specific events.

To manage the margin requirements of cross-exchange arbitrage, the system tracks collateral utilization across trading accounts in real time. When relevant metrics approach predefined safety thresholds, automated capital allocation and rebalancing mechanisms help maintain margin buffers and reduce liquidation risk during periods of volatility.

The product’s custody architecture combines Ceffu and Cobo MPC Custody. Ceffu supports Binance-related operations, while Cobo MPC Custody supports Hyperliquid, OKX, and other supported environments. This arrangement provides support for key management, withdrawal controls, and asset segregation, but does not eliminate trading venue or counterparty risk.

Building on the Existing Strategy Framework with a Clear Fee Structure

According to data provided by Vectis, UltraX Arb V2 (SOL) has recorded a historical annualized return of approximately 13% and a maximum drawdown of approximately 0.2%. These figures relate exclusively to the SOL version. They do not represent the ETH Vault’s actual historical performance or constitute a forecast of its future returns or drawdowns.

UltraX Arb V2 (ETH) Vault charges a 20% performance fee on net profits and an annual management fee of 2%.

The launch of the ETH Vault marks a further expansion of Vectis’ market-neutral strategy offering across blockchain ecosystems. By broadening arbitrage coverage, enhancing execution capabilities, and strengthening infrastructure, Vectis aims to provide users with a systematic arbitrage strategy that balances capital efficiency with risk management.

Risk Disclosure and Disclaimer

Market neutrality is a strategy objective and does not imply capital protection or the absence of risk. UltraX Arb V2 (ETH) Vault remains exposed to smart contract risk, trading venue operational risk, counterparty risk, funding rate fluctuations, execution and liquidity risk, extreme market volatility, and cross-platform operational risk. Investors may lose some or all of their principal.

Historical performance is provided for informational purposes only and does not guarantee future results. Before participating, users should fully understand the product’s mechanisms, fee structure, and associated risks, and carefully assess its suitability in light of their investment objectives and risk tolerance.