perp_spot_basis_zscore_low_vol_fade

not live
114
closed trades
39%
win rate
-96.57
total pnl ($)
1.251
weight
7d window — n=0 wr=0% pnl=+0.00  ·  venues=(unknown)  ·  horizon=  ·  SL=  ·  TP=  ·  class=? in ?

Backtest evidence run: 2026-05-19 08:03:57 (39.8d ago) · src: canon
verdict: REJECT  ·  strict: STRICT-FAIL  ·  batch: hi
n: 15  ·  wr: 26.7%  ·  total_bps: -287.7  ·  mean_bps: -19.18  ·  sharpe: -0.45  ·  max_dd_bps: -309.5
gate: min_trades=— min_wr=— min_total_bps=— min_sharpe=— effective_days=—

Cumulative P&L (last 100 closed)


Last 100 trades

timesymsideentry→exitpnlclose
06-17 19:20BTCBuy65493.3→64600.5-7.27stop_loss
06-17 18:00ETHBuy1788.78→1763.94-7.39stop_loss
06-17 16:28BTCSell65432.7→66328.5-7.29stop_loss
06-17 15:25BTCBuy64666.2→65369.7+4.99timeout
06-17 14:47ETHBuy1765.98→1741.25-7.46stop_loss
06-17 12:23ETHBuy1769.78→1745.45-7.32stop_loss
06-17 09:28ETHSell1790.22→1774.58+3.91timeout
06-17 08:39BTCBuy65814.3→64915.3-7.29stop_loss
06-17 05:23ETHBuy1804.48→1791.02-4.19timeout
06-17 03:52BTCSell65687.7→65810.3-1.38timeout
06-16 20:34ETHBuy1784.98→1790.52+1.08timeout
06-16 20:34BTCBuy65740.3→65726.7-0.57timeout
06-16 16:33BTCSell66077.7→65707.3+2.36timeout
06-16 14:18ETHSell1819.52→1779.28+10.61take_profit
06-16 12:41BTCBuy66670.3→66443.7-2.16timeout
06-16 11:32ETHBuy1782.28→1792.42+2.38timeout
06-16 09:35BTCBuy66324.3→66684.7+2.26timeout
06-16 06:25ETHSell1777.02→1764.58+3.04timeout
06-16 05:14BTCBuy66042.3→66022.7-0.59timeout
06-16 01:35ETHBuy1796.58→1794.42-1.04timeout
06-16 01:35BTCBuy66260.3→66337.7+0.13timeout
06-15 19:18ETHBuy1845.38→1820.01-7.33stop_loss
06-15 19:13BTCBuy67241.4→66831.7-3.50timeout
06-15 14:31BTCSell66167.7→66509.3-3.03timeout
06-15 10:30BTCSell65907.7→65693.3+1.18timeout
06-15 08:21ETHBuy1721.27→1717.23-1.63timeout
06-15 06:00BTCSell65409.7→65818.3-3.57timeout
06-15 05:08ETHBuy1719.77→1715.93-1.57timeout
06-14 21:50BTCSell64748.8→65634.1-7.29stop_loss
06-14 21:40ETHSell1691.33→1714.93-7.42stop_loss
06-14 19:27BTCSell64109.8→63788.2+2.06timeout
06-14 17:32ETHSell1663.03→1664.17-0.77timeout
06-14 16:06BTCBuy64338.2→64014.8-2.97timeout
06-14 13:28ETHSell1676.63→1665.77+2.79timeout
06-14 12:24BTCSell64325.8→64477.2-1.63timeout
06-14 09:23BTCSell64372.8→64333.2-0.14timeout
06-14 04:16ETHBuy1684.97→1680.33-1.83timeout
06-14 03:23BTCBuy64466.2→64509.8-0.11timeout
06-14 00:14BTCBuy64232.2→64398.8+0.85timeout
06-14 00:13ETHBuy1674.07→1679.13+1.06timeout
06-13 19:48BTCSell64001.8→64277.2-2.60timeout
06-13 19:47ETHSell1677.53→1678.77-0.83timeout
06-13 16:45BTCSell64110.8→64034.2+0.15timeout
06-13 16:45ETHSell1678.33→1674.27+0.76timeout
06-13 12:00BTCBuy63795.2→63939.8+0.67timeout
06-13 11:10ETHSell1676.83→1676.57-0.35timeout
06-13 07:51BTCSell63609.8→63838.2-2.23timeout
06-12 23:47BTCSell63484.8→63508.2-0.62timeout
06-12 23:47ETHSell1665.23→1662.97+0.25timeout
06-12 15:00BTCSell63240.8→64104.2-7.27stop_loss
06-12 14:53ETHSell1661.63→1684.51-7.33stop_loss
06-12 12:59ETHSell1679.13→1666.07+3.44timeout
06-12 12:45BTCSell63844.8→63399.2+3.05timeout
05-26 15:06ETHSell2118.99→2103.51+3.21timeout
05-26 15:06BTCSell77113.1→76837.8+1.34timeout
05-26 11:39ETHBuy2099.01→2119.09+4.32timeout
05-26 11:39BTCBuy76778.8→77150.1+1.97timeout
05-26 08:30ETHSell2097.79→2097.71-0.42timeout
05-26 08:06BTCSell76678.2→76675.8-0.43timeout
05-26 04:44BTCBuy76622.8→76727.2+0.23timeout
05-26 03:51ETHSell2092.69→2091.51-0.18timeout
05-26 01:44BTCBuy77123.9→76595.2-3.87timeout
05-26 00:46ETHBuy2108.21→2098.69-2.69timeout
05-25 21:43ETHSell2127.79→2110.51+3.63timeout
05-25 20:08BTCSell77730.1→77414.9+1.59timeout
05-25 17:46ETHBuy2124.21→2130.69+1.06timeout
05-25 17:08BTCSell77460.1→77737.9-2.22timeout
05-25 14:23ETHSell2114.39→2121.11-2.03timeout
05-25 12:58BTCSell77590.1→77383.9+0.89timeout
05-25 10:59ETHSell2114.59→2116.21-0.82timeout
05-25 09:08BTCSell77412.1→77413.9-0.44timeout
05-25 07:31ETHBuy2098.81→2106.49+1.37timeout
05-25 04:16BTCBuy77179.9→76967.2-1.83timeout
05-25 04:01ETHSell2103.49→2094.81+1.62timeout
05-25 00:30BTCBuy76493.8→77185.1+4.06timeout
05-24 21:46ETHBuy2088.91→2060.46-7.26stop_loss
05-24 21:25BTCSell76650.2→76624.8-0.28timeout
05-24 21:02ETHSell2101.89→2095.21+1.15timeout
05-24 16:42ETHSell2117.49→2097.51+4.27timeout
05-24 14:16BTCBuy77260.9→76194.1-7.36stop_loss
05-24 13:32ETHSell2120.59→2120.01-0.30timeout
05-24 11:06BTCSell76748.2→77271.9-3.85timeout
05-24 08:36ETHSell2115.19→2119.91-1.55timeout
05-24 07:51BTCBuy76739.8→76764.2-0.31timeout
05-24 04:37ETHSell2122.59→2120.51+0.05timeout
05-24 04:37BTCSell76870.2→76710.8+0.60timeout
05-24 00:26ETHBuy2120.11→2112.29-2.30timeout
05-24 00:23BTCSell77013.1→76622.8+2.09timeout
05-23 05:17BTCSell75491.2→75511.8-0.59timeout
05-23 01:44BTCBuy75519.8→75371.2-1.44timeout
05-23 01:43ETHSell2067.79→2066.71-0.17timeout
05-22 21:47BTCBuy76274.8→76023.2-2.11timeout
05-22 19:30ETHSell2115.59→2066.41+11.18take_profit
05-22 18:41BTCSell76635.2→76628.8-0.40timeout
05-22 18:00ETHBuy2116.91→2118.49-0.08timeout
05-22 15:32BTCSell77406.1→76963.8+2.42timeout
05-22 14:48ETHBuy2130.01→2118.89-3.08timeout
05-22 11:40BTCSell77241.1→77308.9-0.88timeout
05-22 11:16ETHBuy2131.01→2120.79-2.86timeout
05-02 10:41ETHSell2301.87→2302.83-0.65timeout

Paper vs Live

Paper (trades.jsonl)
114
closed
39%
win rate
-96.57
total pnl ($)
-17.0 bps
avg bps net
Live (dry_run=0)
0
closed
win rate
total pnl ($)
avg bps net
Live: 0 trades, insufficient sample

Per-symbol breakdown (paper)

symbolnwrnet bpstotal pnl ($)
BTC5934%-22.3-65.59
ETH5544%-11.3-30.98

Recent bounces (last 20 of 0)

timesymsidereason
no bounces recorded

Postmortem feed (last 10)

timesymsidepnlnarrative
05-02 10:41ETHSell-0.65The ETH market was flat to slightly positive at close ($2303, +0.99% on the day) with subdued 1-hour momentum (-0.07%), offering no directional tailwind to rescue a basis compression trade in a low-volatility regime. The thesis failed because the z=2.03 ext…
05-02 10:41BTCSell-0.32At close, BTC had drifted marginally higher to $78,242 (+1.30% over 24h) while funding rates remained compressed at 0.0104%, offering no tail-wind for a short basis fade. The thesis failed because the z=2.04 extreme positive basis (+3.1 bps, well above the …
05-02 05:51ETHBuy-0.97# Trade Analysis: ETH Perp-Spot Basis Fade ETH was trading in a subdued state with minimal funding pressure (0.35 bps annualized) and substantial open interest ($1.76B), indicating a balanced market without acute leverage stress or momentum. The thesis fai…
05-02 05:51BTCBuy-1.90BTC declined 0.29% over the 3-hour holding period while funding rates remained deeply negative (-0.006%), signaling persistent short positioning and lack of buying pressure to expand the basis. The trade's thesis failed because the basis z-score extreme (-2…
05-02 01:46ETHBuy+0.16At close, ETH was trading with positive funding rates (0.0054%) and elevated open interest ($1.76B), suggesting sustained long positioning without sharp directional conviction. The trade's thesis failed because the basis remained compressed rather than expa…
05-02 01:31BTCBuy-0.27BTC was consolidating around $78,358 with modest intraday strength (+0.13% 1h, +2.37% 24h) and negative perpetual funding (-0.009613%), indicating weak long pressure despite recent gains. The thesis failed because the basis z-score signal (-2.41) predicted …
05-01 22:19ETHSell+0.71ETH traded sideways with modest strength into close (+0.37% 1h, +1.71% 24h), while funding rates remained slightly negative at -0.001342%, suggesting modest deleveraging pressure in perps. The thesis worked because the z=2.93 basis compression signal (extre…
05-01 20:39BTCBuy-2.74BTC was consolidating near $78k with slightly negative perpetual funding (-0.0056%) and massive open interest ($4.17B), indicating balanced long-medium conviction despite spot-perp basis compression. The basis-zscore fade thesis failed because the extreme n…
05-01 19:19ETHSell+0.15ETH was consolidating with minimal directional momentum (down 0.30% in the prior hour, up 1.79% on the day) while funding rates remained benign at 0.0018%, suggesting balanced long/short positioning with no tail-risk unwind. The trade's thesis partially fai…
05-01 13:37ETHSell-7.26# Trade Analysis: basis-z-lowvol-ETH **Market Context:** ETH was consolidating with mild upward pressure (+0.27% in the last hour, +2.29% over 24h) while BTC led slightly stronger gains (+0.53% 1h), signaling broad-market risk appetite that undermined the …