FUNDING REVERSION

v1 · BTC · paper record← All systems
Stance
FLAT
Since inception
+0.0%
Max drawdown
−0%
Paper NAV
100
STARTS AT 100
Equity curve · paper NAV

THE RECORD STARTS AT ACTIVATION — THE CURVE GROWS FROM DAY ONE, NO BACKFILLED PERFORMANCE.

Signal record · append-only

No exposure changes recorded yet.

The rules · deterministic, frozen per version
Rules (v1 — frozen 2026-07-14)
  • Instrument: BTC/USD, long-or-flat. Paper NAV starts at 100.
  • Signal sources: the Funding Regime composite (0-100 across 8 major perps; <40 = crowded shorts) and the Market Barometer composite — both shown free on their tool pages.
  • ENTER (exposure 1.0) when Funding Regime drops BELOW 25 (extreme crowded shorts) WHILE the Barometer composite is at least 40 (the regime filter — no entries into a confirmed risk-off tape).
  • EXIT (exposure 0) when Funding Regime rises ABOVE 50 (positioning normalized) — the reversion has played out.
  • Also EXIT if the Barometer composite drops below 30 while in position (regime stop).
  • Evaluated hourly at snapshot price; fills modeled at price ± 0.15%/side.
  • Missing data → hold prior state.
Changelog
  • v1 (2026-07-14): initial rules.
Get a push the moment any system changes exposure — the signal, its reason, this page.SIGNAL WATCH →

Paper, not live money · simulated fills with modeled costs · a descriptive record of the system's own rules — never "you should"