BTC short — Order book

// bet #8 · Order bookclosed

BTC short short BTC will fall −$9.27

OPENED

Sun Oct 4, 1:33 AM CDT (11.4 days ago)

CLOSED

Sun Oct 4, 4:24 AM CDT — pressure reversed

SIZE

0.02 · $1,699.40 position · $566.47 of our money (3x)

IN AT

$84,969.99 (mark $85,022.50)

OUT AT

$85,242.60 (mark $85,192.50)

PRICE P&L

−$5.45 before costs

FEES

$1.92 in + $1.92 out

SPREAD / SLIPPAGE

$1.05 in + $1.00 out

FUNDING

+$0.02 over 35 venue hours

RESULT

−$9.27 after all costs

// why it was taken, as the lane recorded it

ENTER SHORT AT SUN OCT 4, 1:33 AM CDT

pressure down — ask 8.5e+04, bid 8.5e+04, contracts 2, depth5_usd 2.23e+06, efficiency_60m 0.263, entries_today 0, fee 1.92, fill_px 8.5e+04, flow_ratio_15m -0.468, flow_ratio_5m -0.939

EXIT AT SUN OCT 4, 4:24 AM CDT

pressure reversed — ask 8.52e+04, bid 8.52e+04, depth5_usd 2.22e+06, efficiency_60m 0.0562, exit_px 8.52e+04, fees 3.84, flow_ratio_15m 0.231, flow_ratio_5m 1, imbalance_1m 0.22, microprice_bps 0.817

IN BETWEEN

170 decisions a minute apart to hold it

// fills

when	kind	size	mark	fill	fee	slippage
Sun Oct 4, 1:33 AM CDT	open	0.02	$85,022.50	$84,969.99	$1.92	$1.05
Sun Oct 4, 4:24 AM CDT	close	0.02	$85,192.50	$85,242.60	$1.92	$1.00

// funding, by venue hour35 hours

hour (UTC)	rate	notional	amount	source
2026-10-04T08:28	0.00040%	$1,704	+$0.00	None
2026-10-04T08:33	0.00040%	$1,702	+$0.00	None
2026-10-04T08:38	0.00040%	$1,701	+$0.00	None
2026-10-04T08:43	0.00040%	$1,701	+$0.00	None
2026-10-04T08:48	0.00040%	$1,702	+$0.00	None
2026-10-04T08:53	0.00040%	$1,702	+$0.00	None
2026-10-04T08:58	0.00040%	$1,702	+$0.00	None
2026-10-04T09:03	0.00040%	$1,701	+$0.00	None
2026-10-04T09:08	0.00040%	$1,702	+$0.00	None
2026-10-04T09:13	0.00040%	$1,703	+$0.00	None
2026-10-04T09:18	0.00040%	$1,703	+$0.00	None
2026-10-04T09:23	0.00040%	$1,704	+$0.00	None

and 23 earlier hours