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updated —AXIS Funding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding never covers this cost
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+0.00%
7d Period Avg+37.47%
swing±65.27%
LONG OKX · nowAXIS-USDT-SWAP
+10.96%
7d avg:−41.73%
SHORT KuCoin · nowAXISUSDTM
+10.96%
7d avg:−4.26%
Entry Spread Now
−0.132%
Against youL 0.09070 · S 0.09058−$13.23 if it converges
24h range −0.66%…+0.46% · median +0.17%
Long pays every4hShort pays every4h
LONGmaker0.020%/taker0.050%SHORTmaker0.020%/taker0.060%
Loading Funding History…
↗Total PnL
+$46.39
+0.46%
$Avg Daily PnL
+$9.77
+0.0977%
★Best Day
+$21.01
Nov 7
◎Open Interest
⚡Funding APR
+35.66%
annualized · funding only
⚠Execution Cost
−$22.00
entry + exit fees
⏱Payback
2.3d
to break even
◧24h Volume
Loading Cumulative PnL…
How it works: Funding PnL is bucketed daily from real settlement history. Execution Cost = round-trip taker fees + fees only (orderbook snapshot stale) on both legs (−$22.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.