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FundingKilled
Exploit HYPE funding gaps across Binance, Bybit and Hyperliquid
0 of 160
observations with any Binance/Bybit funding data, the data doesn't exist
In plain English
The trade needed HYPE funding data from Binance and Bybit, but HYPE doesn’t trade there, so there was literally nothing to measure.
What was claimed
HYPE funding rates drift apart across the big exchanges, so trade the gaps between venues.
The bar we locked
cross-venue HYPE funding data to even exist
What the data said
0 of 160 rows had a Binance/Bybit quote
Why it's dead
HYPE perpetuals don't trade on Binance or Bybit. The cross-venue arbitrage signal was killed structurally (the inputs it needs don't exist, and no amount of tuning changes that) before a single test ran.
The detail
n=160 observations. All 160 rows had blank Binance/Bybit columns in the funding snapshot, HYPE is HL-native and not listed on those venues. No spread to measure, no signal to test.
- Kill date
- 2026-03-26
- Sample
- n=160 obs, all HL-side only
- Method
- Pre-registered live test
- Verdict
- structural kill, data doesn't exist
More from the ledger
Pre-registered before the data, judged on a criterion locked in advance, and published whatever the result.
See all kills