Hypotheses
Hyperliquid Intrabar Recycling versus Persistent Repricing: Balanced Altcoin Basket
Test whether large intrabar excursions without comparable close-to-close variance identify fragile speculative liquidity that subsequently underperforms assets with more persistent repricing. Use synchronized 4-HOUR…
Hypothesis
Test whether large intrabar excursions without comparable close-to-close variance identify fragile speculative liquidity that subsequently underperforms assets with more persistent repricing. Use synchronized 4-HOUR bars across six Hyperliquid perpetuals. Buy the two lowest range-variance/close-variance scores and short the two highest for seven days. This is an original conjecture, not an established premium. Market orders execute at completed signal-bar closes, the registered equivalent of next-bar-open execution on continuous venues. Protective stops trigger intrabar through the platform. Evaluate actual available history; Hyperliquid's approximately 5000-candle limit bounds four-hour coverage. Base-tier taker fees are 0.045% each way according to [Hyperliquid fees](https://hyperliquid.gitbook.io/hyperliquid-docs/trading/fees).
Backtest and paper results are hypothetical. Trading involves risk of loss.