Delta-neutral BIST basis trade
This vault provides access to a regulated delta-neutral basis trade between Borsa İstanbul cash equities and their Single Stock Futures. Currency exposure fully hedged; returns realized in USD without market direction or FX risk. The underlying vehicle is a CMB (Turkey's SEC; SPK in Turkish) regulated fund with ISIN Number: TRYVVGS00891
APY
15.99%
Price
$
Integrations
TVL
$ 5,839,763
Next redemption date 30.08.2026
Morini StockMarketTRBasisTrade now available on Royco with junior and senior tranches
Chain
Ethereum
Max Capacity
200,000,000 USDC
Deposit Tokens
...
Share Token
...
Performance Fee
10.00%
Management Fee
0.00%
Redemption Fee
0.00%
Redemption Period
2 days
Rewards
PIKU
Strategy Details
This vault provides access to a regulated Delta-Neutral Basis Trade arbitrage strategy on Borsa Istanbul equities. This strategy captures pricing discrepancies between Turkish cash equities and their Single Stock Futures (SSF) counterparts, generating basis trade spreads through high-frequency trading infrastructure. Each futures position is matched with an offsetting equity leg, and currency exposure is fully hedged, ensuring returns are realized in USD without market direction or FX risk. The underlying vehicle is a CMB (Turkey's SEC; SPK in Turkish) regulated fund. ISIN Number: TRYVVGS00891
Redemption Details
Redemptions will be processes every 2 days on Turkish business days with T+2 settlement at the fund level, subject to local public holidays.
Transferability
Fully transferable token, no restrictions.
Custody & Security
All operational flows pass through Fireblocks, where MPC-based key management, automated policy controls, whitelisting, and multi-approver rules minimize risk.
Morini Capital