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updated —BRENT Funding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding never covers this cost
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+0.00%
7d Period Avg+32.64%
swing±53.63%
LONG OKX · nowBZ-USDT-SWAP
+0.00%
7d avg:−108.93%
SHORT Gate.io · nowBZ_USDT
+0.00%
7d avg:−76.29%
Entry Spread Now
−0.064%
Eaten by executionL 93.5200 · S 93.4600−$6.42 if it converges
24h range −0.24%…+0.04% · median −0.10%
Long pays every4hShort pays every8h
LONGmaker0.020%/taker0.050%SHORTmaker-0.010%/taker0.075%
Loading Funding History…
↗Total PnL
+$31.88
+0.32%
$Avg Daily PnL
+$8.50
+0.0850%
★Best Day
+$27.57
Nov 12
◎Open Interest
⚡Funding APR
+31.04%
annualized · funding only
⚠Execution Cost
−$27.64
entry + exit fees
⏱Payback
3.3d
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 (−$27.64 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.