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crypto
10 articles on crypto.
backtestingcryptodeveloper experienceeducationemerging managersexchangesexecutionfund managementfund operationsinfrastructurelive tradingperpetualsquantsecurity
funding-rates
perpetuals
data-study
research
crypto
quant
basis-trading
We took every settlement-level funding print in our market database — 80,000 of them across Binance, Hyperliquid, and KuCoin since 2019 — and measured what collecting perp funding actually paid. The answer: a real but violently regime-dependent yield...
Jonny Bravo -
non-custodial
security
education
crypto
fund-management
After every exchange collapse, the same lesson gets re-learned at terrible expense: the risk wasn't the trading, it was the custody. 'Non-custodial' automation means your capital never leaves your own exchange account — and knowing how to verify that...
Jonny Bravo -
backtesting
survivorship-bias
delistings
data-quality
quant
crypto
Build your universe from today's listings and you've quietly deleted every coin that died — which means your backtest only ever trades the winners. In crypto, where delisting is routine and drawdowns end at zero, survivorship bias isn't a footnote. I...
Jonny Bravo -
backtesting
walk-forward
out-of-sample
overfitting
quant
crypto
Every parameter sweep produces one combination that looks brilliant — and most of them are brilliant only at describing the past. Walk-forward analysis is the discipline that separates a strategy from a coincidence: tune on one window, judge on the n...
Jonny Bravo -
backtesting
funding
perpetuals
basis-trading
crypto
quant
If your backtester ignores funding, every carry, basis, and delta-neutral strategy you test is a fiction. Our engine charges funding at each venue's real settlement times, on live mark notional — so a Binance 8h feed and a Hyperliquid 1h feed are bot...
Jonny Bravo -
data-engineering
data-catalog
architecture
crypto
quant
Crypto data is a mess of inconsistent column names, symbol formats, and venue quirks. The dataset catalog maps a clean logical name — 'ohlcv', 'funding' — to a physical table plus a column map and point-in-time semantics, so a strategy says what it n...
Jonny Bravo -
execution
order-sizing
exchanges
trading-infrastructure
crypto
A strategy says 'hold $1,000 of this'. The exchange says 'orders must be in increments of 0.001, at least 0.01 units, and worth at least $5'. Bridging those two sentences correctly — every time, for every venue — is the unglamorous last mile where na...
Jonny Bravo -
funding-rates
perpetuals
crypto
yield
education
Every few hours, enormous sums change hands between longs and shorts on crypto perpetual futures. That flow is called funding, and it's one of the most distinctive sources of return in all of crypto — a yield with no equivalent in traditional markets...
Jonny Bravo -
systematic-trading
discretionary
trading-psychology
crypto
Crypto is the hardest market in the world to trade on instinct: it's open every hour of every day, it's emotionally brutal, and it punishes the exact human reflexes that feel most natural. Systematic trading — rules written down, tested, and executed...
Jonny Bravo -
backtesting
quant
data-engineering
point-in-time
crypto
Most backtests quietly leak the future into the past. Here's how our engine makes look-ahead bias structurally impossible — as-of joins on the bar clock, per-instrument freshness TTLs, and a leak-check attestation on every preview....
Jonny Bravo -