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updated —BGB Funding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding covers it in ~3.4d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+19.55%
3d Period Avg+16.17%
swing±18.37%
LONG LBank · now
−10.96%
3d avg:−11.09%
SHORT PopDEX · now
+8.59%
3d avg:+5.08%
Entry Spread Now
+0.062%
Eaten by executionL 1.6080 · S 1.6090+$6.22 if it converges
24h range −0.30%…+0.53% · median +0.00%
Long pays every8hShort pays every1h
LONGmaker0.020%/taker0.060%SHORTmaker0.010%/taker0.032%
Loading Funding History…
↗Total PnL
−$4.91
−0.05%
$Avg Daily PnL
+$4.50
+0.0450%
★Best Day
+$4.49
Nov 13
◎Open Interest
⚡Funding APR
+16.41%
annualized · funding only
⚠Execution Cost
−$18.40
entry + exit fees
⏱Payback
4.1d
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 (−$18.40 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.