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Crypto Market-Wide Funding Rates (Ripple)

Measures the funding rates of all futures contracts.
Tier 3
☑ Point-in-Time
Preview
Backtest Performance - Risk Managed (Long Only) Strategy
Benchmark (Ripple)Strategy
-83.2%
-57.3%
107.2%
56.4%
1.00
0.71
69.2%
28.7%
0.00
-0.04
1.00
0.42

Predictive factors are designed to be translated into simple long-only strategy, with simulated past performance:

  • 100% Long when the predictive factor is close to 1, with a position size equivalent to the predictive factor value.
  • Flat when the predictive factor is close to 0, with a position size equivalent to the predictive factor value.

The strategy is rebalanced daily, on a continuous basis. There are 0.05% transaction costs applied on each position adjustment.

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-1.88
0.71
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0.14
-0.02

Factor Analysis

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XRP Price with Crypto Market-Wide Funding Rates

Factor Plot

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▆ Very Low▆ Low▆ Moderate▆ High▆ Very High

Crypto Market-Wide Funding Rates is the open-interest weighted funding rates of the top 100 market capitalization Cryptocurrencies.

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Scatter plot - Crypto Market-Wide Funding Rates and XRP 30 and 90 Day Average Returns

Replicate the backtest

Get started by replicating the historical performance with our code snippets.

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