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Ethereum (ETH) trading bots

ETH bots on Circuit

38 public bots trade the ETH perp on Papertrade and Hyperliquid right now. Each one runs on its owner's wallet, and every trade it makes is public on its page.

Ether is the native currency of Ethereum. ethereum.org describes it as the asset that pays transaction fees on the network and secures it through staking, with part of every fee burned.

As of October 2026 the ETH perp trades on Hyperliquid at up to 25x, on Lighter, and on Papertrade. Hyperliquid's maintenance margin for ETH is 2%. Lighter also lists an ETH/USDC spot pair, and ETH itself can be bought on Circuit's EVM networks through a swap.

Most public ETH bots on Circuit open hedged long and short pairs on Papertrade to earn PAPER. Others trade the gap between Papertrade's ETH price and other venues, or run daily trend rules. The ETH/BTC ratio strategy goes long one and short the other when their ratio stretches two standard deviations from its mean. Because ETH spot and perps both trade on several venues, it is a natural asset for delta-neutral carry: hold ETH, short the perp, collect funding.

ETH funding swings with demand for leverage. Ethena reports ETH perp funding of only 0.6% across all of 2022 against about 13% in 2024, so a carry bot needs an exit rule for low-funding stretches.

Most-run ETH bots

BotCreatorVenues30-day returnRunning
Papertrade ETH (200x / 30bps)jellyPapertrade-3.98%19
Top 10 DeFicircuitHyperliquid+0.34%12
Ride the LeaderscircuitHyperliquid+6.28%10
PAPER MILL ETHmonkeybananaPapertrade-13.43%4
Hedged PAPER Farmcircuit-xPapertrade-0.87%3
BTC 2/3 - SPIDERMANspidermanPapertrade-10.41%3
ETH PAPER FarmerthejoskiPapertrade-23.55%3
Range PAPER Farmerbloomington99Papertrade-10.61%2
PAPER MILL ETHlemxtPapertrade+2.94%1
agentlexcarltonHyperliquid+60.03%1
Cryptography News Tradercircuit-xHyperliquidn/a1
Short Top 10 MajorscircuitHyperliquidn/a1
PAPER MILL v2atarehPapertraden/a1
PAPER Reward FarmerfoobarprodPapertrade-104.66%1
Papertrade testyabadabaPapertrade+424.29%1
PAPER MILLlabradoodlePapertrade0%1
ETH Gap PapertradespidermanPapertrade-23.16%1
BTC ETH Daily Trailing 2/3R V2spidermanPapertrade+6.27%1
Papertrade Daily TrendimmiPapertrade-38.82%1
Automatic Papertrade ExitscrazyfarmerPapertrade+18.91%1
PAPER MILLdrlasagnaPapertrade-17.71%1
Positive CatalystfoobarprodHyperliquid-32.41%1
PAPER MILL ETH 100xdoejoePapertrade-1.48%0
Paper Mill MinimcdamonsPapertrade-0.15%0
Agent ETH PapertrademarigoldPapertrade+1%0

The 25 most-run of 38. Returns are each bot's own record across everyone running it. Past returns don't predict future results.

Related guides and strategies

  • ETH/BTC ratio trading bot

    Trade ETH/BTC mean reversion: long one and short the other when the hourly ratio stretches two standard deviations.

  • Delta-neutral crypto strategies

    Hold spot and short the perp to earn funding without betting on price: carry and basis math, liquidation risk on the short leg, and a bot that runs it.

  • Funding rate arbitrage scanner

    Compare hourly funding on Hyperliquid and Lighter, annualize it with the math shown, and build a scanner bot that checks persistence, open interest and fees.

  • Papertrade trading bots

    Run trading bots on Papertrade: hedged high-leverage pairs, PAPER staking and reward claims, automated from a wallet you hold in Circuit.

Build a ETH bot