DG10: Statistical And Funding Rate Arbitrage

DG10 | Statistical And Funding Arbitrage

Digital Assets

The DG10 strategy is a systematic, market-neutral investment approach engineered to generate consistent, risk-adjusted returns while maintaining minimal correlation to broader market movements. By leveraging funding rate arbitrage and relative value opportunities, DG10 seeks to capture persistent inefficiencies and pricing dislocations inherent in digital asset markets. The strategy is designed to operate with near-zero net market exposure, effectively mitigating directional market risks. Rigorous quantitative models guide position sizing, risk allocation, and trade selection, ensuring disciplined execution and robust capital preservation. DG10’s market-neutral framework provides an attractive solution for institutional investors seeking uncorrelated alpha and portfolio diversification within the evolving digital asset ecosystem.

DG10

Statistical And Funding Rate Arbitrage

Overview Documents

Fact Sheet

Index and Strategy

Strategy

DG10 Digital Assets

Type

Statistical And Funding Rate Arbitrage

Vehicle

Proprietary

Key Facts

Liquidity

Daily*

Asset Class

Crypto Assets

Details

Collateral Denominations

BTC, USDT, USDC, ETH, SOL

Exchanges

Binance, OKX, Bitfinex, ByBit

* As of Aug 1, 2025

Portfolio Holdings

Disclaimer: Portfolio Holding %'s vary on strategy parameters.

* As of Aug 1, 2025

Year-To-Date Return on $1000

Represents the cumulative performance of this strategy from January 1, 2025 to July 31, 2025, assuming an initial portfolio of $1,000. Each day’s gross return is compounded forward, so the figure reflects the total portfolio value at the end of the period, including gains and losses. This measure translates percentage changes into real dollar terms, making it easy to see how much an initial $1,000 portfolio would have grown (or declined) over the year-to-date period. Results are shown gross of fees and do not account for transaction costs, taxes, or other deductions that would reduce returns.

Disclaimer: Slight variances may occur between different trading account results due to factors such as timing of trades, liquidity, and fees. These variations are expected, and an annualized deviation of up to 1.5% should be accounted for across individual accounts.

* As of Aug 1, 2025

Year-to-Date Maximum Drawdown

This chart shows the percentage decline from the portfolio’s peak value over the year-to-date period, starting January 1, 2025 to July 31, 2025.

A drawdown measures the depth and duration of losses from a prior high. The filled blue area represents the equity curve’s “underwater” periods — times when the portfolio was below its highest value. The dashed vertical line marks the point of maximum drawdown, indicating the worst peak-to-trough decline in this period.
Drawdowns are a key measure of risk, as they highlight the magnitude of potential losses an investor might experience.

Since Inception Alpha/Beta vs Galaxy VisionTrack Market Neutral (Jul 2024 -Jun 2025)

This chart compares the monthly returns of the strategy to the Galaxy VisionTrack Market Neutral Index from Jul 2024 -Jun 2025. Each point represents a single month, with the benchmark’s return on the x-axis and the strategy’s return on the y-axis. The regression line illustrates the relationship between the two, where the slope (beta) indicates the sensitivity of the strategy to the benchmark, and the intercept (alpha) represents performance independent of benchmark movements. Points above the line show months of outperformance relative to the benchmark, while points below indicate underperformance. The R² value measures how closely the strategy’s returns track the benchmark, helping assess whether the strategy is driven by similar or distinct return sources.

Track Record

As of Aug 1, 2025

DG10 Digital Assets Market Neutral

1 MONTH

+3.36%

2 MONTHS

+3.14%

YTD

+8.92%

12 MONTHS

+15.69%

SINCE INCEPTION

+18.59%

Metrics shown reflect Devine Group’s proprietary trading and are provided for informational purposes only; they are not investor returns and do not constitute an offer or solicitation. Figures are gross of third-party fees/expenses. Any client implementations, if undertaken, are conducted solely by authorized investment managers under separate definitive documentation. Past performance is not indicative of future results.

"Since inception" refers to performance since strategy inception on proprietary capital. DG10 inception date: July, 2024.