// Market-neutral crypto research

Transparent, market-neutral crypto research.

Fygga studies one thing well: capturing perpetual-futures funding while hedging price exposure to roughly zero. We publish the backtest with the costs shown in full — the honest opposite of the “88% profits” crowd. Research and simulation only.

BACKTEST / SIMULATION — not live, not financial advice. No signal service is offered.

Market-neutral by design

Long spot, short perp of equal notional. Net price exposure is hedged to ~0, so the return comes from the funding spread — not from calling the market.

Backtest-honest

Every result on the results page charges realistic fees, slippage and funding on both legs, and shows how rebalance frequency changes the outcome. Nothing is curve-fitted to look good.

Compliance-first

Risk-disclosed, educational, and pre-product. No live trading, no managed capital, and no signals are sold. Not financial advice.

How it works

  1. 01 · Perpetual funding on the majors is positive most days because demand for leverage is persistently long.
  2. 02 · Hold the spread — long the spot asset, short the perp — so the price move cancels and the funding accrues.
  3. 03 · Rebalance on a sane cadence. Daily churn bleeds the edge to costs; weekly or biweekly keeps it. The backtest shows exactly where that line is.

Join the waitlist

We are building the product in the open. Leave your email to follow the research — no spam, no signals, no pitch to manage your money.

Not financial advice. Past performance is not indicative of future results.