cross_venue_funding_spread_gmx_vs_binance

not live
64
closed trades
31%
win rate
-56.22
total pnl ($)
1.246
weight
7d window — n=15 wr=47% pnl=+3.47  ·  venues=(unknown)  ·  horizon=  ·  SL=  ·  TP=  ·  class=? in ?

Backtest evidence run: 2026-06-04 02:39:28 (23.6d ago) · src: canon
verdict: REJECT  ·  strict: STRICT-FAIL  ·  batch: gp
n: 70  ·  wr: 44.3%  ·  total_bps: -243.2  ·  mean_bps: -3.47  ·  sharpe: -0.04  ·  max_dd_bps: -1158.8
gate: min_trades=— min_wr=— min_total_bps=— min_sharpe=— effective_days=—

Cumulative P&L (last 64 closed)


Last 100 trades

timesymsideentry→exitpnlclose
06-27 13:37BTCBuy60385→60519+0.66timeout
06-25 03:37SOLSell67.9938→67.5141+3.05timeout
06-24 20:01SOLSell65.5952→66.5132-7.45stop_loss
06-24 10:32SOLSell69.8695→69.1574+4.63timeout
06-24 06:25SOLSell69.5606→69.9595-3.36timeout
06-24 03:18ETHBuy1662.47→1658.13-1.75timeout
06-24 02:19SOLSell69.6895→69.6624-0.31timeout
06-23 22:22SOLSell68.9107→69.4364-4.30timeout
06-23 18:04SOLSell69.2526→68.7983+2.79timeout
06-23 13:49SOLSell68.8457→68.9773-1.46timeout
06-23 08:13SOLSell70.6484→69.0104+11.10take_profit
06-23 06:21ETHBuy1713.17→1689.59-7.33stop_loss
06-23 06:13SOLSell71.6343→70.8276+5.14timeout
06-22 15:40BTCBuy64621.2→65020.7+2.64timeout
06-22 10:33SOLSell73.644→73.666-0.58timeout
06-20 04:39BTCBuy63568.2→63517.8-0.84timeout
06-20 00:36BTCBuy63037.2→63687.8+4.71timeout
06-19 20:34BTCBuy63266.2→63024.8-2.36timeout
06-19 03:39BTCBuy62888.1→62609.9-2.66timeout
06-18 23:23BTCBuy62761.1→62809.9-0.05timeout
06-18 04:55SOLSell72.2212→71.1117+7.21timeout
06-18 04:11BTCBuy64684.2→63803.9-7.26stop_loss
06-18 00:45SOLSell71.6872→72.3779-5.30timeout
06-08 10:53SOLSell65.6432→66.1139-4.08timeout
06-08 05:42SOLSell66.388→64.9457+10.37take_profit
06-08 02:47SOLSell66.2731→66.2729-0.48timeout
06-07 19:18SOLSell65.2492→63.8296+10.41take_profit
06-07 18:34ETHBuy1634.16→1633.24-0.70timeout
06-07 17:08SOLSell64.6123→65.5076-7.44stop_loss
06-07 14:41SOLSell64.5693→64.8647-2.82timeout
06-06 20:54SOLBuy62.1023→61.8367-2.56timeout
06-06 04:38ETHSell1544.45→1510.75+10.45take_profit
06-04 20:03SOLBuy69.7965→68.8312-7.36stop_loss
06-03 02:49SOLSell74.2919→74.3081-0.59timeout
06-02 05:52SOLBuy80.8111→79.6942-7.35stop_loss
06-02 02:05SOLBuy80.9441→79.8251-7.35stop_loss
06-01 21:56SOLBuy81.0132→80.6219-2.85timeout
06-01 07:48SOLBuy81.7683→80.6376-7.38stop_loss
06-01 01:59SOLBuy82.8674→81.7209-7.36stop_loss
05-27 21:40ETHBuy2058.21→2029.78-7.36stop_loss
05-27 03:12SOLSell83.7374→83.8886-1.38timeout
05-26 23:11SOLSell83.5185→83.7376-1.77timeout
05-26 10:14SOLSell84.4673→84.6327-1.43timeout
05-26 06:14SOLSell84.1494→84.4927-2.52timeout
05-23 18:12SOLSell83.8174→84.9752-7.35stop_loss
05-23 13:31SOLSell82.1777→83.3011-7.32stop_loss
05-19 20:06SOLSell84.1964→84.3487-1.33timeout
05-19 16:06SOLSell84.4403→84.2216+0.82timeout
05-19 12:07SOLSell85.1782→84.4657+3.70timeout
05-12 02:43BTCBuy81724.1→81715.9-0.49timeout
05-08 06:01BTCSell79696→79426+1.25timeout
05-08 02:00BTCSell79676→79704-0.61timeout
04-28 10:29ETHSell2284.2→2281+0.25timeout
04-28 06:27ETHSell2292.8→2284.2+1.43timeout
04-28 02:26ETHSell2288.3→2292.8-1.43timeout
04-27 22:26ETHSell2285.3→2288.3-1.11timeout
04-27 15:38BTCSell77766→76988+4.55timeout
04-27 11:37BTCSell77582→77766-1.64timeout
04-25 16:10BTCSell77662→77348+1.57timeout
04-25 12:10BTCSell77538→77662-1.25timeout
04-25 08:09BTCSell77599→77538-0.06timeout
04-24 21:59ETHSell2318.1→2314+0.43timeout
04-24 17:59ETHSell2316.6→2318.1-0.77timeout
04-24 13:59ETHSell2307.7→2316-2.25timeout

Paper vs Live

Paper (trades.jsonl)
64
closed
31%
win rate
-56.22
total pnl ($)
-17.4 bps
avg bps net
Live (dry_run=0)
0
closed
win rate
total pnl ($)
avg bps net
Live: 0 trades, insufficient sample

Per-symbol breakdown (paper)

symbolnwrnet bpstotal pnl ($)
SOL3628%-24.2-44.25
BTC1638%-2.3-1.84
ETH1233%-16.9-10.13

Recent bounces (last 20 of 1)

timesymsidereason
06-27 09:56BTCBuystale_intent

Postmortem feed (last 10)

timesymsidepnlnarrative
05-08 06:01BTCSell+1.25The market was in a low-funding, sideways consolidation with stable open interest. The thesis failed because the trade was closed by timeout, indicating the expected directional move did not materialize within the allotted timeframe.
05-08 02:00BTCSell-0.61The market was in a low-funding, sideways consolidation with stable open interest, offering no clear directional edge. The thesis failed because the trade expired without a trigger, resulting in a minor loss from funding costs due to the timeout close reason.
04-27 15:38BTCSell+4.55Bitcoin had declined 1.38% over the preceding hour and 1.32% over 24 hours, with negative funding rates (-0.0017%) signaling mild oversupply of leverage at close. The trade's thesis worked because the funding spread arbitrage captured the 2.03% gap between …
04-27 11:37BTCSell-1.64At close, BTC was consolidating within a tight range after a strong 3.68% weekly rally, with minimal intraday momentum (-0.09% 1h) and funding rates normalizing sharply lower (-0.34% vs. the +0.0121% GMX rate at entry). The trade's thesis failed because the…
04-25 16:10BTCSell+1.57Bitcoin was consolidating with mild downward pressure, declining 0.30% over the past hour and 0.35% over 24 hours while funding rates had turned slightly negative at -0.005438%. The trade's thesis failed to materialize as the GMX-side crowd didn't capitulat…
04-25 12:10BTCSell-1.25Bitcoin was consolidating with minimal directional movement, down just 0.78% over 24 hours and slightly positive on the week as the trade timed out after 4 hours. The thesis failed because the GMX funding premium (+0.0143%) versus Binance's discount (-0.006…
04-25 08:09BTCSell-0.06Bitcoin was consolidating near $77,574 with minimal volatility (0.08% in the last hour and -0.37% over 24 hours) as the trade timed out after 4 hours. The thesis failed because the GMX funding premium of +0.0143% versus Binance's -0.0058% gap (+0.0202% spre…
04-24 21:59ETHSell+0.43ETH was flat to slightly down on the 1-hour and daily timeframes, trading at $2315.81 with modest negative momentum across the session. The trade's thesis worked because the GMX funding rate (+0.0118%) remained elevated relative to Binance (-0.0088%), valid…
04-24 17:59ETHSell-0.77ETH was trading sideways with minimal momentum, up 0.17% in the past hour while bitcoin showed slight weakness, creating a low-volatility environment that allowed the position to drift against the trade's directional bias. The thesis failed because the GMX …
04-24 13:59ETHSell-2.25The market was consolidating with mild downward pressure, as ETH declined 0.63% in the past hour while BTC held near flat, reflecting cautious sentiment across major cryptos. The thesis failed because the funding spread gap of +0.0200% favoring a GMX-side c…