Halted at $11,000
The wallet hit the line. The halt closed the book - the Arlo is over, and it does not restart.
Closes sent
your whole book, in one pass - a halt has no coverage branch
all of them
The wallet owed
their capital + their bonus + Arlo's fee
$10,750
Idle USDC
cash on hand at the trip
$10,800
Left over
$50 in cash above the claim, plus the close proceeds as they land
~$250
You lost $4,000 of the $5,000 you put in.
The line is where it is so the other side is whole before you are. That is the trade you took, and it is the same line every Arlo runs to.
The halt closed your book - that is the designed path, not a punishment.
A halt fires at the trip line: the one moment a reading may be stale and a position may be about to move against you, and the wrong moment to trust idle cash and leave a book open. So the halt never waits on coverage - settlement has that gate, the halt does not. Do not close your winners by hand to dodge it; it realizes nothing you would not have paid anyway.
The nine protections ↗What the halt leaves you lands in your account after the closes land - the closes went out through the venue, and their proceeds come home the same way.