# Delta Neutral ETH **Strategy description:** Generates yield from both ETH and USD yield-bearing assets while maintaining market neutrality through balanced exposure. This strategy utilizes borrowed USDC to acquire both ETH and USD yield-bearing assets, requiring periodic rebalancing to maintain its delta-neutral position. The USDC used in the LP position is borrowed (shorted) and thus the strategist remains neutral in their USDC exposure.\ By utilizing very wide ranges, the LP composition is minimally affected by limited market changes. A detailed explanation how the delta neutral strategies work, and their mathematical derivation can be found [here](https://arcadiafinance.notion.site/Delta-Neutral-strategies-1f7f4240c3264bec82608a85b58329a1?pvs=74). **Yield source:** Combines multiple yield sources from both ETH and USD-based assets. The yield generated automatically counts towards the Account health, out-earning the interests of the borrowed USDC. **Strategic use cases:** You want to accumulate both ETH and USD holdings independent of ETH's price volatility, while being comfortable with leveraged DeFi strategies and periodic portfolio rebalancing. --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://docs.arcadia.finance/users/strategists/delta-neutral-eth.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.