A. Structural calendar windows (5-min returns, bps; t vs 0)
| kind | off | pooled n | pooled mean bps | pooled t |
|---|---|---|---|---|
| baseline | 99 | 3,197,944 | +0.016 | — |
| expiry_fri0800 | 0 | 4,776 | +1.570 | — |
| fund | -2 | 33,312 | -0.354 | — |
| fund | -1 | 33,312 | -0.130 | — |
| fund | 0 | 33,312 | +0.403 | — |
| fund | 1 | 33,312 | +0.303 | — |
| fund | 2 | 33,312 | -0.231 | — |
funding windows per coin (mean bps, t)
| coin | off=-1 | off=0 | off=+1 | baseline |
|---|---|---|---|---|
| ADA | +0.333 | +1.329 | +0.561 | -0.009 |
| AVAX | +0.180 | +0.173 | +0.054 | -0.012 |
| BTC | -0.439 | +0.466 | +0.108 | +0.039 |
| DOGE | -0.240 | +0.082 | +0.458 | -0.005 |
| ETH | -0.350 | +0.375 | +0.230 | +0.018 |
| LINK | +0.122 | +0.580 | -0.232 | +0.012 |
| SOL | -0.039 | +0.325 | +0.511 | +0.052 |
| XRP | -0.611 | -0.104 | +0.738 | +0.031 |