Glossary · Backtest & returns
ROI backtest
Flat $100/bet filled at the whale's entry price. Idealized — no fees or slippage.
ROI backtest takes every signal whose market has already resolved, pretends you
staked a flat $100 on each at the whale’s entry price, and tallies the result. A
win pays $100 ÷ entry price; a void refunds the stake.
This figure is idealized and optimistic. It assumes you filled at the whale’s price (you’d realistically enter later, at a worse price) with no fees or slippage, over the resolved subset only. It is illustrative of past behavior — not an expected return.