Mechanism
Risk premium
Being paid for carrying a risk others avoid: funding, volatility, liquidity provision, power price spreads.
Showing 1–4 of 4 experiments
| ID | Experiment | Market | Mechanism | Horizon | Result | Verdict |
|---|---|---|---|---|---|---|
| E836 | Hedged full-range DEX liquidity earns no carry after convexity cost amm, liquidity-provision, impermanent-loss, hedged-carry, perpetual-hedge | Crypto & DeFi | Risk premium | 1d | -0.23 bp / day | KILL |
| E829 | Past power price spreads do not predict the next day's electricity, virtual-bidding, day-ahead-market, risk-premium, hub-prices | Energy & compute | Risk premium | 1d | -$0.01 / MWh | KILL |
| E024 | Scaling crypto exposure by volatility does not beat buy-and-hold bitcoin, ethereum, volatility-targeting, risk-sizing, sharpe-ratio, buy-and-hold, bootstrap | Crypto & DeFi | Risk premium | 1d | 0 of 12 intervals exclude zero | KILL |
| E005 | Ranking perpetuals by funding rate collects less than costs perpetual-futures, funding-rate, cross-sectional, carry, market-neutral | Crypto & DeFi | Risk premium | 8h-24h | Funding 0.75-6.20 bp, cost 9.57+ bp | KILL |