Where the result came from
Trading result−$624
Funding+$739
Trading fees−$104
Net result+$11
Closed positions only, in dollars. This describes the money; it is not how the score is built.
Where the evidence sits90% range 48.3–69.2
[ MeridianHF ] Funding Carry is rated Average. Its record shows no clear evidence of skill either way. Its 90% range, 48.3–69.2, includes 50, so luck can’t be ruled out. The ranges of 188 other rated vaults overlap with this one, so on current data they can’t be told apart.
- Return on record
- −0.2%
- $1 became $1.00 since the vault’s start
- Max drawdown
- −14.1%
- largest fall from a peak
- Deposits
- $4.9K
- 1 depositor · open to deposits
- Rated window
- 215 days
- 13 Mar 2026 – 14 Oct 2026
Track record
Daily, after fees and funding. Deposits and withdrawals are left out, so new money never counts as profit.
$1.00 on 13 Mar 2026 $1.00 on 14 Oct 2026
One point a day: $1 put in at the vault’s start, after fees and funding. The dashed line is $1.
Deepest daily point −12.4% · peak 23 Mar 2026, trough 4 Jul 2026, not recovered yet · worst day −3.9% on 24 Apr 2026
The maximum drawdown in the summary is the rating’s own measurement and can be deeper than one point a day shows.
4 of 8 months up · best +3.9% in Sep 2026 · weakest −5.1% in May 2026
The first and last months can be partial.
Results by asset
| Asset | Positions | Result | |
|---|---|---|---|
| SAGA | 14 | −$221 | |
| WLD | 10 | +$182 | |
| JTO | 6 | +$159 | |
| ACE | 16 | +$148 | |
| PUMP | 7 | −$117 | |
| ZRO | 6 | +$115 | |
| LIT | 11 | −$115 | |
| ZEC | 9 | −$110 |
How it trades
- Style
- Systematic, pattern not classified
- Closed positions
- 1,340
- Win rate
- 50.4%
- Median holding time
- 5.0 days
- Assets traded
- 192
- Maker share
- 33%
Risk
- Max drawdown
- −14.1%
- Daily volatility
- 1.33%
- Worst day
- −3.9%
- A bad day, 1 in 20
- −2.5%
- Largest single asset
- STRK · 2%
- Own liquidations
- None found
Capital and flows
- Vault capital
- $4,915
- Leader’s share of the vault
- 100.0%
- Leader’s cut of profit
- 10%
- Depositor money in and out
- $1,905
- First trade
- 13 Mar 2026
Depositors’ money moving in and out is left out of the return, so a popular vault isn’t penalised for attracting money.
From the leader
Funding Carry quant strategy by MeridianHF - https://meridianhf.com/funding-carry
The vault’s own description on Hyperliquid, not checked by Brierz.
Audit trail
- Computed
- 19 Oct 2026, 12:40 UTC
- Method
- Version 0.9
- Data
- Hyperliquid API and Hyperliquid trade archive
- Latest input
- 15 Oct 2026, 00:02 UTC
Checksum of every input (SHA-256). Any later change to the inputs would change it.
7f014a7c5583bf0a9719abba508670c3e73c1090a90c6de1b05f67d5abf864b6When each input was read
- Closed positions
- 13 Oct 2026, 12:59 UTC
- Trades
- 13 Oct 2026, 12:59 UTC
- Funding payments
- 15 Oct 2026, 00:02 UTC
- Deposits and withdrawals
- 15 Oct 2026, 00:02 UTC
- Account state
- 15 Oct 2026, 00:02 UTC
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