Decoding CEX Microstructure Signals for DEX Execution

CEX-only testing shows BTCUSDT dir_mr yields +0.82 bps gross P&L/trade, 76.4% WR; ETHUSDT +0.95 bps, 69.5%. Partial ICs reach 0.462 at h=1 for roc2_step1_updwn. Signal decay over transport latency may kill DEX edge. Cross-venue experiment proposed; destination outcomes must not tune model.