Funding Carry Desk

Delta-neutral: long spot + short USDT-M perpetual on Binance. Forward test of frozen rules on public prices and every funding print.
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Paper equity

Open hedges

Carry screen

APR = trailing funding annualised. Edge = expected carry over the holding horizon + basis − round-trip costs. Enter when APR ≥ threshold and edge > 0; exit when trailing carry turns negative.

Blotter

Backtest: hourly bars, every funding print, taker fees + slippage