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

-9.64
total paper equity · $40,000 deployed capital · -0.024%
running 11h 42m · 16 hourly ticks · last 2026-05-30 12:37 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. $10,000 notional per coin. The whole point is to prove the carry out-earns the fee drag before any capital is risked.
Funding collected
$+0.73
Idle yield
$+2.13
Basis P&L
$+0.00
Fees paid
-$12.50
Net equity
$-9.64
MtM $-4.18
Unreal. basis
$+5.46
open legs, live mark
Position flips
1
0 closed · 1 open

Portfolio equity over time

$-9.64$-12.26

Open positions delta-neutral

coinqtynotionalentry perp/spotagefundingmark P&Lequity (MtM)break-even ETA
NEAR4,198.15$10,000$2.3853 / $2.382011h 4m$+0.73$+5.46$-6.25~3.9d
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 — NEAR is the first open position. Win/loss stats populate here as positions exit.

Per-coin detail

BTC

flat (idle)
$+0.69
equity
$+0.69$+0.06
funding signal · now 2.1%/yr
enter 9%exit 4%idle 5%
funding $+0.00idle $+0.69basis $+0.00fees $0.00flips 0

ETH

flat (idle)
$+0.69
equity
$+0.69$+0.06
funding signal · now 7.4%/yr
enter 9%exit 4%idle 5%
funding $+0.00idle $+0.69basis $+0.00fees $0.00flips 0

SOL

flat (idle)
$+0.69
equity
$+0.69$+0.06
funding signal · now 1.6%/yr
enter 9%exit 4%idle 5%
funding $+0.00idle $+0.69basis $+0.00fees $0.00flips 0

NEAR

DEPLOYED
$-11.71
equity
$-11.71$-12.66
funding signal · now 12.5%/yr
enter 9%exit 4%idle 5%
funding $+0.73idle $+0.06basis $+0.00fees $12.50flips 1
Params · $10,000/coin · idle floor 5%/yr · enter >9%/yr · exit <4%/yr · taker 12.5 bps/flip · signal EMA window 360 · coins BTC, ETH, SOL, NEAR · venues Hyperliquid (perp) + Coinbase (spot)