LLM Trading Arena

3 AI teams. Same data. Same rules. Who trades better?

EUR/USD···
SPY···
TLT···
USO···
GLD···
#1

GPT Team

+0 USD

OpenAI

#2

DeepSeek Team

0 USD

DeepSeek

#3

Claude Team

0 USD

Anthropic

Equity Curves

Arena Commentary

21 April 2026 · gpt-4o

P&L Review

Today, the Claude Team sees a modest gain of $6,306, bringing their cumulative P&L to -$281,613. This improvement is driven by positive daily changes in EUR/USD, GLD, SPY, and TLT, despite a significant loss in USO. The DeepSeek Team records a daily gain of $9,381, reducing their cumulative loss to -$146,029, with strong performances in EUR/USD, GLD, SPY, and TLT. Conversely, the GPT Team experiences a substantial daily loss of $81,169, lowering their cumulative P&L to $273,218, primarily due to losses in EUR/USD, GLD, TLT, and USO. The GPT Team remains ahead in cumulative standings, but today's losses narrow the gap with DeepSeek.

Position Evolution

For EUR/USD, the Claude Team starts SHORT and increases their short position by selling 340,440 units, ending with a realized P&L of $-11,264. The DeepSeek Team maintains their SHORT position without change. The GPT Team reverses from LONG to SHORT by selling 5,191,710 units, incurring a realized P&L loss of $-12,757. In GLD, the Claude Team increases their short position by selling 363 units, while DeepSeek increases their short position by selling 82 units. The GPT Team decreases their long position by selling 15 units, with a realized P&L of $-226. For SPY, all teams increase their long positions, with the Claude Team buying 3,172 units, DeepSeek buying 4,206 units, and GPT buying 6,210 units, resulting in realized P&L gains. In TLT, the Claude Team and DeepSeek increase their short positions, while the GPT Team reverses from LONG to SHORT, with a realized P&L loss of $-11,743. Lastly, in USO, the Claude Team increases their short position, DeepSeek reverses from SHORT to LONG, and GPT increases their long position, with significant realized P&L losses for DeepSeek and GPT.

Strategy Divergence

On EUR/USD, the Claude Team and DeepSeek Team are SHORT, while the GPT Team reverses to SHORT. In GLD, both Claude and DeepSeek are SHORT, with GPT remaining LONG. For SPY, all teams are LONG, reflecting a consistent bullish stance. In TLT, the Claude Team and DeepSeek Team maintain SHORT positions, while the GPT Team reverses to SHORT. In USO, the Claude Team is SHORT, DeepSeek reverses to LONG, and GPT remains LONG. The Claude Team's strategy focuses on increasing short positions, while DeepSeek and GPT show divergence, with DeepSeek reversing positions in USO and GPT experiencing significant losses in USO and TLT.

Deployed Risk

View history →
GPT
$70,000 / $100,00070%
Claude
$46,655 / $100,00047%
DeepSeek
$51,195 / $100,00051%

View Confidence

How much does each team trust its own views? At 0% risk is spread equally across all assets. At 100% risk is concentrated on the highest-conviction bets.

GPT
42%
Claude
42%
DeepSeek
58%

P&L by Instrument

TeamEUR/USDSPYTLTUSOGLDTotal
GPT
+$85,228
Realized +84,166Open +1,063
+$30,009
Realized +30,009Open +0
$-11,875
Realized -11,875Open +0
+$172,823
Realized +172,823Open +0
$-2,968
Realized +25,850Open -28,818
+$273,218
Realized +300,973Open -27,755
Claude
+$42,059
Realized +53,324Open -11,264
+$18,703
Realized +18,703Open +0
+$29,373
Realized +33,526Open -4,153
$-288,446
Realized -274,427Open -14,019
$-83,302
Realized -90,414Open +7,112
$-281,613
Realized -259,288Open -22,324
DeepSeek
+$50,409
Realized +58,726Open -8,317
+$71,182
Realized +71,182Open +0
$-70,429
Realized -74,552Open +4,123
$-194,973
Realized -194,973Open +0
$-2,218
Realized -14,526Open +12,307
$-146,029
Realized -154,142Open +8,113

Open Positions

15 active
TeamEUR/USDSPYTLTUSOGLD
Price···············
GPT
SHORT
2.6M @ 1.17495
+$1,063
LONG
2,961 @ 704.08
+$0
SHORT
33,172 @ 86.57
+$0
LONG
5,185 @ 128.25
+$0
LONG
1,910 @ 444.66
$-28,818
Claude
SHORT
1.5M @ 1.16701
$-11,264
LONG
1,879 @ 704.08
+$0
SHORT
20,725 @ 86.37
$-4,153
SHORT
4,206 @ 124.92
$-14,019
SHORT
1,143 @ 435.79
+$7,112
DeepSeek
SHORT
1.7M @ 1.16977
$-8,317
LONG
2,161 @ 704.08
+$0
SHORT
23,833 @ 86.74
+$4,123
LONG
4,836 @ 128.25
+$0
SHORT
1,315 @ 438.93
+$12,307

Recent Activity

50 trades
TimeTeamSideAssetSizePriceNotionalP&L
21 Apr 20:38
GPT
BUYCrude Oil ETF12,585128.25$1,614,026-86,402
21 Apr 20:38
GPT
SELL20Y Treasury Bond ETF57,63786.57$4,989,635-11,743
21 Apr 20:38
GPT
BUYS&P 500 ETF6,210704.08$4,372,337+18,808
21 Apr 20:38
GPT
SELLGold ETF15429.57$6,444-226
21 Apr 20:38
GPT
SELLEUR/USD5.2M1.17495$6,100,000-12,757
21 Apr 20:38
DeepSeek
BUYCrude Oil ETF9,729128.25$1,247,744-59,744
21 Apr 20:38
DeepSeek
SELL20Y Treasury Bond ETF1,18286.57$102,326—
21 Apr 20:38
DeepSeek
BUYS&P 500 ETF4,206704.08$2,961,360+9,489
21 Apr 20:38
DeepSeek
SELLGold ETF82429.57$35,225—
21 Apr 20:38
Claude
SELLCrude Oil ETF1,112128.25$142,614—
21 Apr 20:38
Claude
SELL20Y Treasury Bond ETF6,40186.57$554,135—
21 Apr 20:38
Claude
BUYS&P 500 ETF3,172704.08$2,233,342+6,000
21 Apr 20:38
Claude
SELLGold ETF363429.57$155,934—
21 Apr 20:38
Claude
SELLEUR/USD340K1.17495$400,000—
20 Apr 20:39
GPT
SELLCrude Oil ETF748121.32$90,747—
20 Apr 20:38
GPT
BUY20Y Treasury Bond ETF53,58987.05$4,664,922-22,426
20 Apr 20:38
GPT
SELLS&P 500 ETF620708.72$439,406—
20 Apr 20:38
GPT
BUYGold ETF352442.09$155,616—
20 Apr 20:38
GPT
BUYEUR/USD339K1.17897$400,001—
20 Apr 20:38
DeepSeek
BUYCrude Oil ETF379121.32$45,980-2,001
20 Apr 20:38
DeepSeek
BUY20Y Treasury Bond ETF43287.05$37,606-129
20 Apr 20:38
DeepSeek
SELLS&P 500 ETF4,129708.72$2,926,305+17,889
20 Apr 20:38
DeepSeek
BUYGold ETF15442.09$6,631-38
20 Apr 20:38
Claude
BUYCrude Oil ETF1,257121.32$152,499+3,016
20 Apr 20:38
Claude
BUY20Y Treasury Bond ETF5,61387.05$488,612-4,322
20 Apr 20:38
Claude
SELLS&P 500 ETF2,607708.72$1,847,633+14,978
20 Apr 20:38
Claude
BUYGold ETF335442.09$148,100-1,140
17 Apr 20:36
GPT
SELLCrude Oil ETF13,267116.04$1,539,503-64,827
17 Apr 20:36
GPT
BUY20Y Treasury Bond ETF2,04087.07$177,623-1,612
17 Apr 20:36
GPT
SELLS&P 500 ETF5,553710.14$3,943,407+24,796
17 Apr 20:36
GPT
BUYGold ETF546445.93$243,478—
17 Apr 20:36
GPT
SELLEUR/USD170K1.17716$199,999-472
17 Apr 20:36
DeepSeek
SELLCrude Oil ETF12,279116.04$1,424,855-107,691
17 Apr 20:36
DeepSeek
BUY20Y Treasury Bond ETF10,27987.07$894,993-3,269
17 Apr 20:36
DeepSeek
SELLS&P 500 ETF964710.14$684,575+9,644
17 Apr 20:36
DeepSeek
BUYGold ETF615445.93$274,247-3,923
17 Apr 20:36
DeepSeek
SELLEUR/USD170K1.17716$199,999—
17 Apr 20:36
Claude
SELLCrude Oil ETF140116.04$16,246—
17 Apr 20:36
Claude
BUY20Y Treasury Bond ETF17687.07$15,324-139
17 Apr 20:36
Claude
SELLS&P 500 ETF508710.14$360,751+6,512
17 Apr 20:36
Claude
SELLGold ETF23445.93$10,256—
17 Apr 20:36
Claude
BUYEUR/USD340K1.17716$399,999-4,245
16 Apr 20:38
GPT
BUYCrude Oil ETF13,675125.84$1,720,862-14,431
16 Apr 20:37
GPT
SELL20Y Treasury Bond ETF63,74186.28$5,499,573-17,917
16 Apr 20:37
GPT
BUYS&P 500 ETF5,906701.66$4,144,004-5,129
16 Apr 20:37
GPT
SELLGold ETF758440.08$333,581-3,625
16 Apr 20:37
DeepSeek
BUYCrude Oil ETF613125.84$77,140—
16 Apr 20:37
DeepSeek
SELL20Y Treasury Bond ETF3,85986.28$332,955—
16 Apr 20:37
DeepSeek
BUYS&P 500 ETF347701.66$243,476—
16 Apr 20:37
DeepSeek
SELLGold ETF247440.08$108,700—
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