Paper research — no live capital Research delay: 60 min Latest data: 2026-09-15 07:30 UTC Methodology: v—

Research the funding rate. Understand the whole trade.

Explore funding persistence, hedge costs, and the outcomes of a continuously documented paper-trading strategy — every entry, exit, and naked-leg gap shown, wins and losses alike.

Market snapshot

A few useful observations, not a trading terminal.

Instruments monitored
75
Venues covered
HL, INTX
Positive-funding names
44
Negative-funding names
11
Largest changes in funding (vs 24h average)
SymbolVenueFunding now24h avgChange
URNM HL -267.2% +23.6% -290.8%
BRENTOIL HL +5.5% -204.2% +209.7%
WTIOIL HL -2.6% -194.1% +191.5%
NATGAS HL +3.3% +192.9% -189.6%
SKHX HL +209.2% +36.7% +172.4%

→ View the full research table

How the research works

1. Observe

Track funding and liquidity across venues on a delayed feed.

2. Evaluate

Check persistence, basis, and all-in cost before anything is logged as a candidate.

3. Document

Simulated entries and exits are recorded with full assumptions — no live capital.

4. Compare

Expected funding is reconciled against the all-in outcome, including hedge slippage.

Results with context

Full record and every assumption: Lab Portfolio →

Closed paper trades
16
Cumulative all-in P&L
+$345.25
Max drawdown
-$937.36
Win rate
75.0%

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