Crypto · Building a crypto strategy · lesson 5 of 9 · 7 min read · David Alexander
Expectancy, with funding in the test
net expectancy with funding
The costs-in-the-test law, with crypto's dominant cost: for any leveraged rule, funding accrues every eight hours and can exceed the edge - so a rule tested gross of funding tested a different rule, and the sign flips fast. Spot rules pay no funding, which is one more reason the module treats spot as the honest default; leveraged rules, where access allows, must clear the funding meter the seed made this track make visible.
This lesson is part of the advanced modules.
Modules 6 to 8 are included with a paid account. The definitional summary above is the whole of this page until then.