Hypotheses
ATOM Hyperliquid–Bybit Persistent Funding Carry with Adverse-Basis Veto
Test equal-dollar opposing ATOM perpetual positions on synchronized 4-hour bars, earning a persistent funding differential rather than predicting directional returns or small price-spread convergence. Primary:…
Hypothesis
Test equal-dollar opposing ATOM perpetual positions on synchronized 4-hour bars, earning a persistent funding differential rather than predicting directional returns or small price-spread convergence. Primary: ATOMUSD.HYPERLIQUID; hedge: ATOMUSDT.BYBIT. Local parquet filenames indicate overlapping bar coverage from 2024-02-12 through 2026-10-01; row-level continuity and instrument-specific funding coverage must be audited before development. HyperliquidCollector and BybitCollector support the required perpetual bars and funding histories. Funding cadence must follow actual settlement timestamps, including interval changes. Official mechanism references: [Hyperliquid funding](https://hyperliquid.gitbook.io/hyperliquid-docs/trading/funding) and [Bybit funding history](https://bybit-exchange.github.io/docs/v5/market/history-fund-rate). This is an unmeasured hypothesis, not an established arbitrage.
Backtest and paper results are hypothetical. Trading involves risk of loss.