Papertrade Volume Trader

Thesis

Generates real trading volume through scheduled BTC or ETH positions, alternating long and short rather than waiting for momentum entries.

Strategy

• Selection: Before the first entry, compares BTC and ETH daily percentage moves and keeps the larger absolute move's pair for the session. • Trading: Opens without an entry filter, holds 15 minutes, closes, then reopens 15 minutes later, alternating long and short starting with long. • Size: Uses the full allocated USDC at 200x leverage, with a 50 USDC minimum margin per entry.

Exposure

• Holds: BTC or ETH and USDC — Holds one position at a time, with USDC between scheduled trades. • Venue: Papertrade — Starts with at least 50 USDC on Papertrade and trades real positions against its pool, not maker quotes. • Leverage: 200x — A 50 USDC entry opens 10,000 USDC of exposure; liquidation sits 0.45% away, so a 0.3% move against the position closes it early. • Costs: Winning-close charges — Winning closes pay Papertrade's move-based haircut and 2% fee; an early close loses about 60% of the margin. • Data: Hyperliquid, Papertrade — Uses daily moves for selection, streams Hyperliquid's best bid and ask, and reads Papertrade's trading terms before each entry. • On unwind: Open position stays open — Stopping leaves the position on Papertrade; turn on hard_kill first to close it. USDC stays in the Papertrade account.