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sommohapatra

What was the arbitrage? I figure if it doesn't work anymore, no loss in sharing
Large funds probably have all three prongs set up
Yes, the backtests account for both
I'd argue it's a fine analogy. You can get into Yale undergrad with an SAT of 1250, for example.
Exactly like that. And thank you for the feedback - working on a FAQ right now, with information like how it works, where your money goes, how the backtests are calculated, and how deposits are kept secure/insured. Cheers!