PAPER MILL Low Budget NEW
BTC pairs from 60 USDC
- Created by sonic
- Runs on Papertrade
- Trades BTC
- 30-day return across everyone running it: -3.31%
- 0 running now
Recent activity
- Open Long BTC (4 times, last 2026-10-14)
- Open Short BTC (3 times, last 2026-10-14)
- Close Short BTC (2026-10-14)
- Close Long BTC (2 times, last 2026-10-14)
How it works
Thesis
Pairs equal BTC long and short trades from 60 USDC to mint PAPER on losing legs while aiming to offset losses with winning legs.Strategy
• Entry: Splits free USDC equally with no reserve into $3,000+ BTC legs at the lowest leverage up to 120x, waiting 15 seconds between normal cycles. • Exit: Checks target two seconds; closes pairs at 50% liquidation distance, lone legs at 15%, and stops at one-third measured loss. • Rewards: Leaves PAPER for manual staking and reports net USDC loss per minted PAPER from confirmed session settlements.Exposure
• Holds: BTC long and short — Separate opens may fill at different times; an unconfirmed partner after fifteen seconds triggers an exit, including late fills. • Venue: Papertrade — Trades BTC synthetic perpetuals with allocated USDC from the session wallet. • Leverage: Up to 120x per leg — At $80 each leg uses $40 at 75x; at $60 each uses $30 at 100x, with cent rounding below $0.02 and no entry below $50. • Costs: Haircut and 2% win fee — Later exits can lower unit PAPER cost but increase loss per cycle; reports settled cost, with no guarantee of faster fills or cheaper PAPER. • Data: Live BTC/wallet feeds — Account and temporary memory gaps block entries without time-closing receipt-owned pairs. Price and loss exits continue; missing fresh prices still exit. Hedge detection may lag during outages. Candles qualify entries only. • On unwind: USDC and unstaked PAPER — Closes owned positions and checks their venue settlements; unresolved outcomes block new entries, and Circuit Stop leaves positions open.More bots by sonic · Browse all AI trading bots · Bots by market