Trading tools

The board freezes at 16:00 UTC and your rank at that moment sets your points. This works out what your volume is worth right now, what the next bracket costs, and how much lead you have on the trader behind you.

What each bracket costs from here

• Assumes every other trader stops trading for the rest of the day. They will not — treat these as floors, not targets.
• Board data is from the last snapshot, not live to the second.
• Ties place you behind the incumbent, so "needed" volume means beating them outright.

The race ranks on volume, so volume has a price. Set a target and see what it costs in fees — and which prize band actually leaves you ahead. Every fill counts toward volume, so opening and closing a position contributes twice its notional.

• Fees only. Funding, PnL and gas are not modelled here — use the funding projector for hold costs.
• Prize figures come from the current published ladder and assume the pool does not change.
• Wash-trading against yourself is against most venues' terms and the race's integrity review. This is a cost calculator, not a strategy.

Margin rates come straight from each market's published parameters, including the size scaling that raises margin on large positions. Set your collateral and leverage to see where the position dies.

• Assumes this is your only position and USDC is your only collateral. Cross margin means a second position moves this number.
• Unrealised funding, borrow interest and the liquidation fee itself are not included — real liquidation arrives slightly earlier.
• Mark price, not last price, drives liquidation. The entry field is a what-if, not a live position.

Funding settles on a fixed clock, not continuously — you pay for every settlement you are open through. Longs pay when the rate is positive, shorts collect. Rates are live from the last snapshot and assumed flat for the whole hold.

• Assumes the rate holds flat for the entire window. Real rates reset every period and are capped per market.
• Trading fees are not included — pair this with the volume planner for the full round-trip cost.
• A settlement landing exactly at your close time is counted as paid.