TRX Opposite-Sign Funding Receipt with a Basis-Loss Budget

Hypothesis

Test a hedged funding-receipt regime on TRXUSD.HYPERLIQUID and TRXUSDT.BYBIT using synchronized 4-HOUR bars. Long the venue with persistently negative funding and short the venue with persistently positive funding, so both legs receive funding. Enter only when a haircut forecast of receipts covers commissions, impact and adverse basis convergence. Market orders execute at the signal-bar close, the registry equivalent of next-bar-open execution on continuous venues. Fills are sequential. Use full overlapping historical coverage, beginning no earlier than Hyperliquid funding coverage on 2023-08-06. Aggregate actual settled funding by elapsed time: [Hyperliquid funding](https://hyperliquid.gitbook.io/hyperliquid-docs/trading/funding) settles hourly, while [Bybit funding-history documentation](https://bybit-exchange.github.io/docs/v5/market/history-fund-rate) requires instrument-specific intervals. Funding cash flows must come from the engine ledger without duplicate strategy credits.