funding_carry_high_receive_short

not live
146
closed trades
42%
win rate
-47.17
total pnl ($)
1.202
weight
7d window — n=21 wr=48% pnl=-7.53  ·  venues=(unknown)  ·  horizon=  ·  SL=  ·  TP=  ·  class=? in ?

Backtest evidence run: 2026-06-04 02:56:13 (24.5d ago) · src: canon
verdict: REJECT  ·  strict: STRICT-FAIL  ·  batch: bh
n: 134  ·  wr: 49.3%  ·  total_bps: +143.1  ·  mean_bps: +1.07  ·  sharpe: +0.01  ·  max_dd_bps: -1451.4
gate: min_trades=— min_wr=— min_total_bps=— min_sharpe=— effective_days=—

Cumulative P&L (last 100 closed)


Last 100 trades

timesymsideentry→exitpnlclose
06-28 10:22SUISell0.682139→0.685361-2.86timeout
06-28 02:23ATOMSell1.57711→1.56849+2.22timeout
06-27 15:11SUISell0.697616→0.711043-10.09stop_loss
06-27 11:12AVAXSell6.63224→6.50793+8.93timeout
06-27 02:57ATOMSell1.6065→1.5914+4.24timeout
06-26 18:54ATOMSell1.5956→1.6075-4.29timeout
06-26 03:11ATOMSell1.5825→1.61411-10.43stop_loss
06-26 02:02ATOMSell1.6121→1.6002+3.29timeout
06-25 13:45OPSell0.106543→0.103106+15.67take_profit
06-25 05:14OPSell0.105784→0.107861-10.25stop_loss
06-24 18:20NEARSell1.86863→1.90573-10.37stop_loss
06-24 16:51ATOMSell1.66258→1.6096+15.43take_profit
06-24 10:13ETHSell1670.63→1665.27+1.17timeout
06-24 02:09ATOMSell1.71947→1.72103-0.91timeout
06-23 13:13OPSell0.0965159→0.0984738-10.57stop_loss
06-23 08:27BTCSell64153.8→62106.1+15.49take_profit
06-23 02:10BTCSell64649.8→64058.2+4.12timeout
06-22 13:36ETHSell1745.83→1778.57-9.80stop_loss
06-22 09:35SOLSell74.1419→73.7421+2.30timeout
06-22 01:27SOLSell74.5928→74.9372-2.75timeout
06-21 17:24SOLSell73.439→74.5642-8.06timeout
06-21 09:21BTCSell64218.8→63982.2+1.44timeout
06-20 22:12SOLSell71.4293→72.7743-9.83stop_loss
06-20 17:15ETHSell1725.43→1730.17-1.82timeout
06-20 09:17ETHSell1707.43→1724.27-5.34timeout
06-20 01:15ETHSell1696.53→1707.87-3.78timeout
06-19 17:09ETHSell1694.83→1697.17-1.15timeout
06-19 09:07BTCSell63028.8→62498.1+3.71timeout
06-18 20:20ETHSell1684.23→1717.03-10.18stop_loss
06-18 15:47ETHSell1747.93→1692.17+15.54take_profit
06-18 08:54ETHSell1752.22→1748.17+0.76timeout
06-18 00:56BTCSell65889.7→64443.2+10.55timeout
06-17 16:50ETHSell1764.02→1771.98-2.68timeout
06-17 08:45ETHSell1797.02→1762.78+9.04timeout
06-17 00:44BTCSell65784.7→65807.3-0.60timeout
06-16 09:29NEARSell2.47508→2.52219-9.98stop_loss
06-16 08:38ETHSell1794.42→1783.78+2.50timeout
06-16 00:34LTCSell46.1924→45.7834+4.03timeout
06-15 10:54NEARSell2.3913→2.43793-10.20stop_loss
06-15 02:32NEARSell2.23124→2.2737-9.95stop_loss
06-14 20:35NEARSell2.08918→2.1295-10.07stop_loss
06-14 16:24BTCSell64465.8→64152.2+2.01timeout
06-14 08:23BTCSell64459.8→64488.2-0.66timeout
06-14 00:21BTCSell64007.8→64389.2-3.43timeout
06-13 16:16BTCSell63791.8→64030.2-2.33timeout
06-13 08:58BTCSell63617.8→63799.2-1.85timeout
06-13 00:43BTCSell63791.8→63572.2+1.30timeout
06-12 15:13BTCSell63227.8→64410.4-9.78stop_loss
06-12 08:28BTCSell63566.8→63475.2+0.31timeout
06-11 17:33ATOMSell1.95221→1.98949-9.99stop_loss
06-11 11:10ATOMSell1.86493→1.90042-9.95stop_loss
06-11 01:41SUISell0.727578→0.741676-10.13stop_loss
06-10 23:56BTCSell62641.9→61516.1+8.55timeout
06-10 15:50BNBSell588.233→595.349-6.49timeout
06-09 22:42BTCSell61410.9→62023.1-5.46timeout
06-09 14:43BTCSell63312.8→61361.1+14.97timeout
06-09 00:39OPSell0.0963559→0.0933033+15.38take_profit
06-08 22:29BTCSell63805.8→63341.2+3.20timeout
06-08 14:22BNBSell596.571→601.23-4.32timeout
06-08 06:18BTCSell63297.8→63079.2+1.28timeout
06-07 22:14BTCSell61742.9→62892.6-9.76stop_loss
06-07 14:10ARBSell0.0825794→0.0813703+6.85timeout
06-07 03:19BTCSell60647→61777-9.75stop_loss
06-06 22:01BNBSell574.456→572.943+0.87timeout
06-06 13:59BTCSell60926→60802+0.56timeout
06-06 04:32BTCSell61668.9→59701+15.51take_profit
06-05 18:24ATOMSell1.69078→1.63681+15.54take_profit
06-05 11:57ATOMSell1.75156→1.69592+15.47take_profit
06-05 05:42ETHSell1758.72→1702.67+15.46take_profit
06-04 21:53ETHSell1778.52→1765.58+3.18timeout
06-04 09:26ATOMSell1.80735→1.74914+15.62take_profit
06-04 00:27BTCSell65709.7→63613.2+15.50take_profit
06-03 21:07NEARSell2.82919→2.88316-9.99stop_loss
06-03 04:41NEARSell2.77801→2.83132-10.05stop_loss
06-03 02:13BTCSell67602.6→66814.3+5.38timeout
06-02 14:27BTCSell69979.5→67746.4+15.52take_profit
06-02 09:24BTCSell71283.4→69460.5+12.39timeout
06-01 23:44BTCSell71266.4→71521.6-2.19timeout
06-01 13:30ETHSell1992.7→1975.2+3.99timeout
06-01 03:38BTCSell73461.3→73930.7-3.62timeout
05-31 16:16BTCSell73893.3→73599.7+1.56timeout
05-31 07:44ETHSell2019.5→2023.1-1.33timeout
05-30 17:40AVAXSell8.90627→8.95374-3.06timeout
05-30 03:04ETHSell2012.9→2021.4-2.52timeout
05-29 15:35ETHSell2008.5→2046.23-9.80stop_loss
05-29 08:36BTCSell73753.3→73798.7-0.75timeout
05-29 00:18BTCSell73140.3→73792.7-4.86timeout
05-28 15:55ATOMSell2.06908→2.02121+10.94timeout
05-28 03:58LINKSell9.14451→8.82321+17.13take_profit
05-27 16:34NEARSell2.61515→2.53183+15.48take_profit
05-27 15:50BNBSell652.557→657.904-4.55timeout
05-27 01:04ATOMSell2.21215→2.25559-10.26stop_loss
05-26 23:49SOLSell84.5183→83.7246+4.21timeout
05-26 10:40ETHSell2095.69→2134.78-9.76stop_loss
05-26 07:48AVAXSell9.29598→9.25771+1.64timeout
05-25 16:45NEARSell2.70132→2.75206-9.85stop_loss
05-25 15:48ATOMSell2.14346→2.13213+2.24timeout
05-25 07:47AVAXSell9.21989→9.32053-5.88timeout
05-24 23:46AVAXSell9.23119→9.23011-0.37timeout
05-24 15:47ETHSell2120.09→2093.71+5.80timeout

Paper vs Live

Paper (trades.jsonl)
146
closed
42%
win rate
-47.17
total pnl ($)
-6.6 bps
avg bps net
Live (dry_run=0)
0
closed
win rate
total pnl ($)
avg bps net
Live: 0 trades, insufficient sample

Per-symbol breakdown (paper)

symbolnwrnet bpstotal pnl ($)
BTC4852%+31.1+75.39
ETH4032%-23.0-45.45
ATOM1656%+36.3+28.82
NEAR138%-162.1-105.33
AVAX1050%+25.7+12.88
SOL540%-57.0-14.14
BNB425%-72.7-14.49
OP450%+51.1+10.23
SUI30%-153.5-23.08
LINK1100%+342.4+17.13
ARB1100%+137.4+6.85
LTC1100%+79.5+4.03

Recent bounces (last 20 of 2)

timesymsidereason
06-28 10:50ATOMSellcircuit_breaker
06-28 02:26SUISellcircuit_breaker

Postmortem feed (last 10)

timesymsidepnlnarrative
05-10 13:27ETHSell-0.59The market was in a low-funding, high-open-interest environment with no clear directional momentum. The thesis failed because the timeout close_reason indicates the expected price movement did not materialize within the trade's time horizon, resulting in a …
05-10 05:27ETHSell-0.79The market was in a mild uptrend with ETH up 2.40% over 24 hours, but short-term momentum was slightly negative. The short thesis failed because the trade was closed by timeout before the expected pullback materialized, as the market continued to consolidat…
05-09 21:27ETHSell-3.75The market was in a mild short-term uptick with ETH up 0.44% on the hour, but the broader trend remained bearish over 24h and 7d. The thesis failed because the trade was closed by timeout before a directional move could materialize, leaving a small negative…
05-08 13:24ETHSell-0.45ETH was in a mild downtrend over the past 24 hours and 7 days, with low hourly momentum and neutral funding. The thesis failed because the trade was closed by timeout, indicating the expected directional move did not materialize within the allowed timeframe.
05-08 05:22ETHSell+2.16The market was in a mild short-term uptrend with ETH gaining 0.55% in the hour, but the broader weekly trend remained negative at -3.42%. The thesis failed because the trade was closed due to a timeout, not because of a directional move, so the small positi…
05-03 04:44ETHSell+1.65# Trade Analysis: carry-high-ETH-1777754569-1777754577 The market was essentially flat during the 8-hour hold, with ETH ranging sideways (up 0.10% on the 1h, down 0.29% on the week) while funding rates collapsed from the +0.0100% entry signal to +0.0006% a…
05-01 20:40ETHSell+1.78At close, ETH funding had compressed dramatically from the +0.0100% entry signal to +0.001088%, indicating the positive carry premium had nearly evaporated as market participants rushed to arbitrage the imbalance. The thesis failed to deliver its target 320…
05-01 12:39ETHSell-6.48# Trade Analysis: Carry Short ETH (ETHUSDT) At close, ETH funding had swung sharply negative to -0.000542% from the +0.0100% positive funding that triggered the short entry, while open interest remained elevated at $1.76B, indicating a broad shift in marke…
05-01 04:39ETHSell-3.78# Trade Analysis: Funding Carry High Receive Short (ETH) When the trade closed, ETH funding rates had collapsed from the +0.0100% that triggered the entry to +0.0038%, a 62% decline in the carry premium that was the entire basis for the position. The thesi…
04-29 12:36ETHSell+4.14At close, ETH was consolidating near $2313 after a modest intraday decline (-0.76% in 1h) while maintaining slight 24h gains (+1.56%), with BTC showing similar mild weakness; funding had shifted sharply negative (-0.001388%) by trade timeout, eroding the po…