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Lessons Learned

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Lab Dashboard

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Experiments
5
active
Total Staked
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paper dollars wagered
#001 POLYDOGE v4.0 · SHELVED 2026-06-29
Bankroll
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Profit & Loss
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Quoteable 24h
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Cycles 24h
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Scanned 24h
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ROI
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v3.x retired 2026-06-07 · v4.0 SHELVED 2026-06-29. The headline numbers above are the final frozen v4 paper market-maker record (realized P&L, not the "if-all-filled" projection). The By Category, Calibration, and Positions charts below are the final frozen v3.x record. Nothing here updates anymore — the cron is off. Read the autopsy →
ANALYTICS all series frozen · v4 final + v3.x final
// Bankroll (v3.x → v4 paper)
// By Category · v3.x final
// Calibration · v3.x final
// Positions · v3.x final
> v4.0 SHELVED (2026-06-29) — combined-cost arbitrage market-making proved structurally −EV for a cron-cadence retail maker. Adverse selection fills only the losing leg, so CTF pairs never complete. Final paper P&L −$405. v3.x prediction engine retired 2026-05-16. read the autopsy. ... historical positions. cron halted · forensics frozen.
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v4.0 Paper Status

shelved
Same pot as v3.x — paper P&L aggregates from $9,417.28 (where v3.x left off). Frozen 2026-06-29 — cron halted, final realized P&L −$405.
Paper Bankroll
$9,417.28
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Cumulative P&L (paper)
$0.00
since v3.x retired
Cycles 24h
cron halted
Quoteable 24h
would-quote opportunities
Markets Scanned
last 24h total
Run-rate
shelved
experiment closed 2026-06-29
BID_COMBINED DISTRIBUTION where the book is sitting
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REPLAY VALIDATION snapshot vs would-have-filled
Each hour we re-check last hour's would-quote markets via the Polymarket trades API. If actual takers crossed our hypothetical bid price, we count it as a "would-have-filled" cycle. Closes the gap between the snapshot's theoretical projection and what would have realistically happened.
Replayed (all time)
quoteables checked
Both-Filled Rate
had taker volume both sides
Conversion vs Theoretical
$realized / $projected
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QUEUE POSITION FIFO model — how often we'd be top-of-book
YES Top-of-Book
our +0.001 jumped all bids
NO Top-of-Book
symmetric side
Median Queue Ahead
$ to clear before us
BOT HEALTH heartbeat · uptime · cron freshness
Status
checking…
Last Run
vs 60-min cron
Uptime 24h
cycles ran / expected
SHELVED 2026-06-29 · paper-only · cron halted · forensics frozen
Both pre-registered REFRAME gates failed: pair-completion >50% (actual 0% in the clean window) AND paper P&L >$0 (actual −$405). Adverse selection fills only the soon-to-be-worthless leg → CTF pairs never complete → can't redeem half a pair. Structurally −EV for a cron-cadence retail maker. autopsy.
Last updated:
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Algorithm

v4.0 SHELVED
EXPERIMENT #014 · 2026-05-16 → SHELVED #018 2026-06-29
Pivoted from directional prediction (v3.x) to combined-cost arbitrage on Polymarket. Market-neutral in theory: post maker bids on YES + NO at combined < $0.97, redeem the pair for $1.00, book the difference. It failed in practice — adverse selection fills only the losing leg, so the pair never completes and you can't redeem half a pair. Read the autopsy →
Target Markets
1-4hr
BTC Up/Down binaries
Combined Threshold
≤ 0.97
our maker bids must sum to
Cron Cadence
1h
GHA scheduled (free)
Paper Stake
$5
per side, per cycle
Min Volume 24h
$50
activity floor
Asymmetry Cap
0.85
skip if either side over
PIPELINE (v4.0)
GAMMA SCAN → ORDERBOOK FETCH → BID-COMBINED CALC → POST/SKIP → LEDGER
SIGNAL REPURPOSING (v3.x → v4.0)
QUOTE Order Book · CoinGecko spot
RISK Whale Detector · Smart Money (adverse-selection early warning)
VOLATILITY Binance Funding · Fear & Greed · BTC 24h range
CALIBRATION Lab Notes (re-targeted: fair-value vs realized midpoint)
WHAT CHANGED IN v4.0
  • Killed directional prediction — every signal we use is public, so we reach the same conclusion as the market. No information edge to find.
  • Pivoted to combined-cost arbitrage — post maker bids on YES + NO simultaneously, redeem pairs via CTF contract. Market-neutral by design.
  • Maker rebates are the engine — Polymarket charges 0% maker / 1-1.8% taker, redistributes daily to makers. That's what makes sub-$1 combined buys viable.
  • Ran on an hourly GHA cron, no new infra — $0 incremental cost. The cron was halted 2026-06-29 when the experiment was shelved.
  • Verdict (2026-06-29): shelved. The arbitrage needs both legs to fill; adverse selection delivered only the losing leg every time (0 pairs / 8 fills, −$405 paper). Structurally −EV for a cron-cadence retail maker. A completed experiment with a clean negative answer.
MODE: PAPER · STAKE: $50/side · DOMAIN: BTC/XRP/DOGE binaries (1-4hr)
SCANNER: hourly · INFRA: GHA free tier · WALLET: not connected (paper)