The 2026 funding test.
Before the record, Fygga was a test of one idea: that market-neutral funding capture survives its costs. It did not, on the rule we wrote first. The whole test stays public here.
- The verdictA pre-registered rule, the 2026 rerun, and the miss.
- Backtest resultsThe funding edge with every cost charged, by sub-period.
- Strategy comparisonThe momentum candidate we tested beside it — and rejected.
- Paper recordThe strategy running forward on paper, one point per day, source named.
- Live fundingFunding rates as the market pays them today, with a stale-after-48h flag.
- EstimatorWhat a funding-capture position would have earned, illustratively.
- Live track recordEmpty, and it stays empty until a real fill exists.
Why keep it
The record Fygga keeps today — bots and net carry — asks vendors to stand behind their numbers in public, forward, from a date they cannot move. This test is Fygga standing behind its own, including the result it did not want. The method is on /methodology. Paper only; not financial advice.