Find a difference.
Compare funding opportunities, their estimated daily income and the time needed to cover costs.
PAPER MONEY. A REAL PLACE TO START.
Understand funding.
Practise the trade.
project-2506 brings daily market context, funding opportunities and paper positions into one iPhone app. Learn what you’re opening, follow how it changes, and review the result.
Join the simulation beta ↗Understand the trade ↗WHAT IS FUNDING ARBITRAGE?
Look for a difference.
Learn what it takes
to collect it.
Crypto perpetual futures—contracts that let traders take a position on a coin’s price—use recurring payments called funding. Those payments flow between long and short holders, and their rates can differ across exchanges.
Funding arbitrage pairs a long position on one exchange with a short on another. The aim is to collect the funding difference while reducing exposure to the coin’s price direction. The app also explores spot + perp carry: holding a coin while shorting its perpetual contract.
project-2506 helps you compare the economics and practise managing these positions with simulated funds. Funding can reverse, costs matter, and paired positions still carry risks.
New to long, short or perp? Start here →Understand both sides.
Read the daily assessment, inspect the paired positions and check warnings before opening a paper trade.
Learn from the outcome.
Follow changing funding, review manual or automatic exits, and see both gains and losses in your history.
INSIDE THE APP
Choose a chapter. Tap a dot.A little guidance. Every step.
Intel brings together the daily market assessment, flagged risks and changes relevant to existing routes. Understand why an attractive rate may deserve caution—and why some days, waiting is a sensible decision.
One app. Two ways to see it. Try the OG / Newbie switch ↑
Understand the trade.
Perps, funding and paired positions, explained with diagrams and a worked example.
KNOW WHAT TO WATCH ↗Understand the risks.
See what funding changes, costs, margin and execution can mean for a position.
YOUR FIRST 30 DAYS
Two rounds.
A fresh perspective.
Start curious. Learn from your decisions.
Your free practice doesn't end on day 30.
01
Find your feet.
Explore the daily intel, inspect an opportunity, and follow your first paper position.
FIRST PRACTICE ROUND02
Put it into practice.
Use what you learned to make another decision. Compare the experience, not just the result.
SECOND PRACTICE ROUNDFREE IPHONE SIMULATION BETA
Your curiosity.
Your starting point.
No deposit. No real-money trading in the beta.
Practise free. Live trading comes later.
Real-money access is planned as a paid option.
A few things to know.
Am I using real money?
No. The beta uses simulated funds. You can explore the strategy without depositing money or placing real orders.
Do I need accounts with crypto exchanges?
Not for the simulation beta: you can practise without exchange accounts, deposits or API keys. For real-money trading in the planned App Store release, you’ll need your own accounts or wallet-based access on the venues used by your route, connected to project-2506 using API credentials. Planned launch support covers Hyperliquid, Binance, Bitget and Bybit. Binance, Bitget and Bybit require KYC (“Know Your Customer”) identity verification, completed directly with each exchange before live trading. Hyperliquid uses wallet-based onboarding.
Do positions last exactly 14 days?
No. The two-round, 30-day introduction is a learning structure, not a required closing schedule. Position timing depends on conditions and your decisions.
How does practice prepare me for real-money trading?
The simulation is designed to mirror real-money trading conditions as closely as possible, using real market data and simulated funds. Practise choosing positions, following funding and deciding when to close, so you can build familiarity before putting your own money to work.
What happens after 30 days?
The plan is to keep practice free. The first 30 days offer a guided introduction, not an expiry date.