CryptoTrader · funding-carry paper experiment · auto-refresh 60s

+3.03
total paper equity · $100,000 capital · 3/5 slots deployed · +0.003%
running 60d 19h · 342 hourly ticks · last 2026-07-29 20:00 UTC · PAPER — no keys, no orders, no real money
The experiment. Delta-neutral funding carry: when a coin's smoothed perp funding rate is rich enough, go short-perp + long-spot (price-neutral) and collect funding; otherwise sit flat earning a 5%/yr idle floor. Deploy when signal > 9%/yr, exit when < 4%/yr (hysteresis). Each flip costs 12.5 bps/leg-pair. Capital-allocation cap: a $100,000 pool is concentrated into the 5 richest carries, funding-weighted (bigger slots to richer funding, ~$20,000 equal-weight reference); uninvested capital earns the idle floor. The whole point is to prove the carry out-earns the fee drag before any capital is risked.
Funding collected
$+447.08
Idle yield
$+451.28
Basis P&L
$+54.67
Fees paid
-$950.00
Net equity
$+3.03
MtM $+29.90
Unreal. basis
$+26.87
open legs, live mark
Position flips
39
0 closed · 1 open

Portfolio equity over time

$+72.29$-12.26

Open positions delta-neutral

coinqtynotionalentry perp/spotagefundingmark P&Lequity (MtM)break-even ETA
SUI27,210.88$20,000$0.7353 / $0.735011d 3h$+59.66$+2.18$-73.18~12.6d
LINK2,362.39$20,000$8.4723 / $8.46609d 16h$+41.96$+8.50$+25.46break-even
AAVE224.87$20,000$88.9990 / $88.94009d 18h$+108.17$+16.19$+24.63break-even
Mark P&L = live mark-to-market on the open legs (delta-neutral, so this is basis drift only). Equity (MtM) = book equity + mark P&L. ETA = est. days for funding to recover the entry cost at the current rate.

Closed-trade ledger

No round-trips closed yet — SUI is the first open position. Win/loss stats populate here as positions exit.

Per-coin detail

LINK

DEPLOYED
$+16.96
equity
$+0.06$+0.02
funding signal · now 8.9%/yr
enter 9%exit 4%idle 5%
funding $+41.96slot $20,000basis $+0.00fees $25.00flips 1

AAVE

DEPLOYED
$+8.44
equity
$+0.06$+0.02
funding signal · now 7.6%/yr
enter 9%exit 4%idle 5%
funding $+108.17slot $20,000basis $+25.27fees $125.00flips 5

SUI

DEPLOYED
$-75.36
equity
$+0.06$+0.02
funding signal · now 2.3%/yr
enter 9%exit 4%idle 5%
funding $+59.66slot $20,000basis $-10.02fees $125.00flips 5

BTC

flat (idle)
$+0.00
equity
$+19.20$+0.06
funding signal · now 4.4%/yr
enter 9%exit 4%idle 5%
funding $+0.00slot $0basis $+0.00fees $0.00flips 0

SOL

flat (idle)
$+0.00
equity
$+19.20$+0.06
funding signal · now -5.8%/yr
enter 9%exit 4%idle 5%
funding $+0.00slot $0basis $+0.00fees $0.00flips 0

LTC

flat (idle)
$+0.00
equity
$+0.06$+0.02
funding signal · now 7.6%/yr
enter 9%exit 4%idle 5%
funding $+0.00slot $0basis $+0.00fees $0.00flips 0

AVAX

flat (idle)
$+0.00
equity
$+0.06$+0.02
funding signal · now 8.7%/yr
enter 9%exit 4%idle 5%
funding $+0.00slot $0basis $+0.00fees $0.00flips 0

APT

flat (idle)
$+0.00
equity
$+0.06$+0.02
funding signal · now -3.5%/yr
enter 9%exit 4%idle 5%
funding $+0.00slot $0basis $+0.00fees $0.00flips 0

TIA

flat (idle)
$+0.00
equity
$+0.06$+0.02
funding signal · now 8.0%/yr
enter 9%exit 4%idle 5%
funding $+0.00slot $0basis $+0.00fees $0.00flips 0

XRP

flat (idle)
$+0.00
equity
$+0.06$+0.02
funding signal · now -0.8%/yr
enter 9%exit 4%idle 5%
funding $+0.00slot $0basis $+0.00fees $0.00flips 0

ARB

flat (idle)
$-35.46
equity
$+0.06$+0.02
funding signal · now 7.7%/yr
enter 9%exit 4%idle 5%
funding $+0.50slot $0basis $+14.04fees $50.00flips 2

ETH

flat (idle)
$-49.15
equity
$+19.20$+0.06
funding signal · now 1.5%/yr
enter 9%exit 4%idle 5%
funding $+7.50slot $0basis $-6.65fees $50.00flips 2

DOGE

flat (idle)
$-83.45
equity
$+0.06$+0.02
funding signal · now 7.6%/yr
enter 9%exit 4%idle 5%
funding $+11.34slot $0basis $+5.20fees $100.00flips 4

ENA

flat (idle)
$-86.26
equity
$+0.06$+0.02
funding signal · now 5.9%/yr
enter 9%exit 4%idle 5%
funding $+9.29slot $0basis $+4.45fees $100.00flips 4

NEAR

flat (idle)
$-143.97
equity
$+15.42$-12.66
funding signal · now 11.1%/yr
enter 9%exit 4%idle 5%
funding $+208.66slot $0basis $+22.37fees $375.00flips 16
Params · $100,000 pool · 5 max concurrent ($20,000/slot) · idle floor 5%/yr · enter >9%/yr · exit <4%/yr · taker 12.5 bps/flip · signal EMA window 360 · coins BTC, ETH, SOL, NEAR, SUI, DOGE, LTC, LINK, AAVE, AVAX, APT, ARB, ENA, TIA, XRP · venues Hyperliquid (perp) + Coinbase (spot)