Capsa provides a free platform for backtesting long/short strategies in crypto spot and derivatives markets, utilizing historical and live data to calculate funding rates and identify arbitrage opportunities. The service enables users to explore correlated assets and execute market-neutral trades across exchanges, enhancing yield generation without directional market risk.
Funding
Funding not disclosed
Founders
Product
Problem
Many cryptocurrency traders lack accessible tools to rigorously evaluate the performance of long/short strategies across spot and derivatives markets. Identifying profitable arbitrage opportunities and managing funding rate risks requires analyzing complex historical data and real-time market conditions, which can be time-consuming and technically challenging.
Solution
Capsa offers a platform for backtesting long/short strategies in cryptocurrency markets, providing historical and live data to assess potential profitability. The platform enables users to analyze funding rates, identify correlated assets, and explore arbitrage opportunities across various exchanges. By simulating market-neutral trades, Capsa helps traders enhance yield generation while mitigating directional market risk.
Target Audience
The primary users are cryptocurrency traders, arbitrageurs, and portfolio managers seeking to optimize their trading strategies and generate yield in spot and derivatives markets.
Features
- Backtesting environment for long/short strategies involving spot and perpetual futures contracts
- Calculation of funding rates to evaluate cross-exchange funding arbitrage opportunities
- Identification of correlated assets for creating hedged portfolios and statistical arbitrage strategies
- Exploration of perpetual futures contracts across multiple exchanges to identify outliers based on funding rates, open interest changes, and price movements
- Detection of arbitrage opportunities between exchanges by simultaneously longing and shorting the same perpetual contract