Results
The results, in the open
The curve below comes from the funding rates actually published by the exchange, replayed pair by pair. It is not a client account: it is a simulation, built to be verified.
Annual return
13.8 %
Cumulative since 2019
+149.9 %
Maximum loss
-1.0 %
Pairs tracked
30
Reference curve
September 2019 to October 2026Starting capital 1.00. Trading fees and funding included. The 10 best-paying pairs are re-selected every month among 30 tracked.
Data as of 05.10.2026.
Median year +5.5 %
Best +50.0 %
Worst +1.7 %
Last 12 months +2.0 %
Returns depend on funding rates, that is, on leveraged traders' appetite. 2020 and 2021 were exceptional, with very high rates in a surging market. Recent years are closer to today's reality.
See the year-by-year detail
| Year | Capital | Return |
|---|---|---|
| 2019 | 1.020 | +2.0 % |
| 2020 | 1.279 | +25.4 % |
| 2021 | 1.919 | +50.0 % |
| 2022 | 1.955 | +1.8 % |
| 2023 | 2.114 | +8.2 % |
| 2024 | 2.390 | +13.1 % |
| 2025 | 2.457 | +2.8 % |
| 2026 | 2.499 | +1.7 % |
Negative years: 0 out of 8.
How to verify it
- Funding rates are public: the exchange publishes them hourly and anyone can download them again.
- The calculation replays each pair separately: spot buy and an equal-size perpetual short, then funding collected every 8 hours.
- Entry and exit fees are deducted, as is the cost of the monthly rebalancing.
- Pair selection follows a fixed rule, published on the How it works page: no manual intervention in the curve.
What these figures do not say
A backtest is still a backtest. It knows nothing of an outage, of liquidity that disappears, or of an exchange that halts withdrawals. Funding can turn zero or negative for weeks, a sharp price rise can push the short leg under margin, and your funds depend on the exchange's solvency. Past performance does not guarantee future results.