According to @PANewsCN, the Alpha Arena perpetual futures contest by nof1 put six leading AI models into a live $10,000 account challenge for 10 days, fully offline and trading solely via technical indicators. Source: PANews on X, Oct 28, 2025 https://twitter.com/PANewsCN/status/1983127032595898682 DeepSeek led with a 130% return to a $23,000 balance on just 17 trades, averaging 49 hours per position, a 41% win rate, and a 6.7:1 profit-loss ratio, driven by low-frequency trend following and 3-minute data reviews. Source: PANews on X, Oct 28, 2025 https://twitter.com/PANewsCN/status/1983127032595898682 Qwen3 posted a 100% return with per-trade leverage up to 5.6x and a maximum single loss exceeding $2,200, reflecting aggressive positioning with weak drawdown tolerance. Source: PANews on X, Oct 28, 2025 https://twitter.com/PANewsCN/status/1983127032595898682 Claude ran long-only with a 38% win rate and 25% return, a 2.1 risk-reward ratio, and sub-1 profit expectancy, indicating disciplined but inflexible execution. Source: PANews on X, Oct 28, 2025 https://twitter.com/PANewsCN/status/1983127032595898682 Grok4 briefly led with over 50% gains but reverted to breakeven after frequent flip-flopping and a 20% win rate, underscoring directional inconsistency. Source: PANews on X, Oct 28, 2025 https://twitter.com/PANewsCN/status/1983127032595898682 Gemini executed 165 trades in 10 days, incurred over $1,000 in fees, held a 25% win rate, and earned under $100 per trade on average, exemplifying fee drag and overtrading. Source: PANews on X, Oct 28, 2025 https://twitter.com/PANewsCN/status/1983127032595898682 GPT-5 recorded a 20% win rate with sub-1 risk-reward and chronically late entries, producing outcomes similar to Gemini. Source: PANews on X, Oct 28, 2025 https://twitter.com/PANewsCN/status/1983127032595898682 Key trading takeaways highlighted by @PANewsCN: top performers were low frequency, longer hold, high risk-reward with timely entries, while losers were high frequency, short-term, low risk-reward with late entries; equal information access did not determine profitability; longer reasoning chains correlated with stricter decision-making, with DeepSeek the longest; copying AI trades may not persist across regimes, though AI execution is valuable. Source: PANews on X, Oct 28, 2025 https://twitter.com/PANewsCN/status/1983127032595898682