Can you quote better than Avellaneda–Stoikov?
Quote a bid and an ask against a hidden fair value that jumps on breaking news, while noise traders and informed traders hit your quotes. Afterwards you are scored on P&L and inventory and shown what Avellaneda–Stoikov would have done on the same price path and the same trader arrivals. A research mode will calibrate the same models to real crypto trades and backtest them walk-forward with bootstrap confidence intervals.
The four parts
| Play | Easy, Medium, Hard, or today's daily challenge. |
| Research | Calibration and walk-forward backtests on Binance trades. Coming soon. |
| Theory | The derivation behind every formula the site uses. Coming soon. |
| Note | A one-page write-up of method, results and limitations. Coming soon. |