Edge or Not

Research · live

Signals today, and what our tests say about them

Every popular signal we have tested, shown the way a trader would see it today - and next to it the verdict. An active signal describes the market right now. In our tests, none of them turned into an edge after costs. Definitions are the ones the tests used.

Test #6 No edge

Extreme funding Active

Shorting high funding won 55% of 8,560 trades but averaged -0.33% after costs and funding; buying negative funding averaged +0.07%.

1 / 8coins at +0.10% or more / -0.10% or less per 8 h (of 191 on Binance)Highest: PTB. Lowest: BTW, BIRB, ALT
Test #7 No edge

Rising open interest + extreme funding Quiet

Adding rising open interest changed nothing: shorts averaged -0.34%, funding alone -0.37% (3,553 trades on 522 coins).

0of 20 large coins: funding beyond 0.05% per 8 h and open interest up 10%+ in 24 h
Test #8 No edge

New listings Quiet

The median new listing fell 10% in a week and 64% of shorts won, but the average short was +0.61% (t 0.24); the worst three lost over 200%.

0new Binance perpetuals in the last 7 days (1 in 30 days)
Test #2 No edge

Pumps and dumps Active

After a pump, price pulled back first only 52% of the time. Shorting won 69% of trades, but 27 of 1,215 lost more than the position.

30moves of 20%+ in 12 h on 3x volume in the last 72 h (19 up, 11 down)
Test #5 No edge

Altcoin season Quiet

After 8 altcoin season readings, altcoins beat bitcoin the next month only 3 times (p 0.24).

64of 100 - NeitherShare of the top 50 altcoins that beat bitcoin over 90 days
Test #4 No edge

Bitcoin rainbow chart Quiet

With bands known at the time, $1 became $22 from 2016 to 2026; holding made $193.

Band 4Still cheap (fitted on data known before this month)Test rule: buy in bands 1-3, sell in 7-9
Test #3 No edge

Uptober Active

October was green in 10 of 13 years, but p = 0.125: chance can produce that with 13 years.

Octbitcoin -2.2% so far this monthOct closed higher in 10 of 13 past years (median +14.6%)
Test #1 Undecided

Liquidation magnets (BTC) Live

First 30 days: the bigger cluster was hit first in 55.2% of 105 events (p 0.165). The forward test on new data is running.

89,483 / 73,858biggest estimated cluster above / below price (81,730)9.5% above, -9.6% below

How to read this page

FAQ

Is an active crypto trading signal a reason to trade?

Not on its own. Seven of the eight popular signals we tested had no edge after costs and one is still undecided, so an active signal says what the market looks like, not what it will do next.

How are the signals on this page defined?

As in each test: extreme funding is +0.10% per 8 hours or more (or -0.10% or less) on Binance; rising open interest means +10% in 24 hours with funding beyond 0.05%; a listing is a new Binance perpetual; a pump is +20% in 12 hours on 3x volume. Open interest here is Binance plus Bybit for 20 large coins.

Live values, past tests: not a forecast and not investment advice. See the risk disclaimer.