Profit Factor

Ratio of gross winning trades to gross losing trades. Above 1 means the strategy is net positive.

Profit Factor (PF) = sum of gains / absolute sum of losses. A PF of 2.0 means the strategy makes $2 for every $1 it loses. PF accounts for trade sizing, unlike a simple win rate. A strategy with 40% win rate and PF > 1.5 typically outperforms a 60% win rate strategy with PF 1.1, because the winning trades are large enough to overcome losing streaks. We compute net Profit Factor (after fees + slippage + funding) across every signal we've ever fired · the full number is on /performance.

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Other terms

Funding Rate
Periodic payment between perpetual futures longs and shorts that keeps the contr...
Open Interest
Total notional value of all open futures positions at a given moment....
Basis
Price gap between a futures contract and its underlying spot index....
Liquidation
Forced closure of a leveraged position when its margin is exhausted....
Win Rate
Percentage of trades that closed profitably....
Basis Points (bps)
1 basis point = 0.01%. We use bps as the canonical unit for signal net return....

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Methodology
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Live performance
30/90/180d metrics
Daily brief
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Symbol performance
Per-symbol price, funding & win rate
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