A CLEAN CYCLE, DAY 0 TO DAY 30
Trader puts in$5,000
Backer puts in$10,000
Arlo size$15,000
The wallet that gets traded, nothing carved out$15,000
Traded up to settlement — at most 30 days+$1,680
Wallet at settlement$16,680
Backer's capital, out first−$10,000
Backer's bonus, straight after it−$600
Arlo's fee, 5%, recovered here and not before−$150
Closing reserve, never needed this cycle−$0
Backer receives$10,600
Trader keeps$5,930
It ties. In: $15,000 contributed plus $1,680 traded, $16,680. Out: $10,600 to the Backer, $150 to Arlo, and $5,930 to the Trader, which includes the $50 closing reserve, because no forced close was needed. $16,680.