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updated —BRENT Funding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding covers it in ~42d
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+4.37%
3d Period Avg+12.83%
swing±27.43%
LONG trade[XYZ] · nowxyz:BRENTOIL
−4.37%
3d avg:−67.68%
SHORT Toobit · nowXBR-SWAP-USDT
+0.00%
3d avg:−54.85%
Entry Spread Now
−0.127%
Against youL ask 93.5490 · S bid 93.4300−$12.72 at entry
24h range −0.21%…+0.22% · median +0.04%
Long pays every1hShort pays every4h
LONGmaker0.030%/taker0.090%SHORTmaker0.020%/taker0.060%
Loading Funding History…
↗Total PnL
−$38.84
−0.39%
$Avg Daily PnL
+$3.62
+0.0362%
★Best Day
+$4.67
Nov 11
◎Open Interest
⚡Funding APR
+13.22%
annualized · funding only
⚠Execution Cost
−$49.70
entry + exit fees
⏱Payback
13.7d
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 + live L2 orderbook slippage on both legs (−$49.70 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.