hyperdrive 0.20.1; fix checkpoint exposure bug#207
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sentilesdal merged 6 commits intomainfrom Jan 22, 2025
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Per conversations with @jalextowle, the checkpoint exposure is ok to leave alone in the Long flow. This PR only updates the short flow to avoid double counting exposure. |
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A Hyperdrive update from this time last year (delvtech/hyperdrive#692) reworked exposure such that the state
long_exposurevariable included exposure adjustments from any current trade, without representing negative exposure. For example, here is the latest code for long exposure in open short. This update did not get fully propagated to the short side of the rust SDK. The long side can remain unchanged since negative checkpoint exposure can net out future longs, which is not accounted for in thestate.long_exposurevariable.This PR implements the fix. I will do a round of updating test tolerances once the remaining max short fixes are implemented.
The commits are organized to separate meaningful changes from regex propagation.