Hedge and grid bot candidates
A reproducible screen of every active perpetual reported by Binance, OKX, Bybit, BloFin, KuCoin and Hyperliquid. BloFin and KuCoin coverage currently evaluates crypto USDT linear perpetuals; other contracts are counted as unsupported. BloFin open interest is unavailable from its documented public API. Hedge bots prioritise near-side depth and measured exit impact; long-only grid ideas must survive independent mean-reversion tests and an unseen holdout window. Hyperliquid results are for grid-only SMAs: no Hyperliquid hedging bots are offered.
October 2026 · Study in progress
Hedge-bot returns, slope and leverage
This month we are studying whether paired hedge bots can deliver adequate returns after fees and funding for the risk taken. The proposed mandate combines paired long/short hedge bots with cash reserves, excluding standalone directional grids and swing positions.
The study will reconstruct hedge-only performance separately from the historical mixed portfolio and specify a controlled pilot with a reference cohort. It will assess ratio/slope changes at fixed gross exposure separately from leverage-driven increases in position size, measuring their different effects on net exposure, returns and drawdowns.
The 10%, 15% and 20% drawdown budgets are design options, not demonstrated limits. A hedge-only track record remains unproven; hedging alone does not guarantee a drawdown ceiling.
Discussion paper revised 3 October 2026 · Evidence through 1 October 2026