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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+17.82%
swing±37.50%
LONG OKX · nowBZ-USDT-SWAP
+0.00%
7d avg:−107.34%
SHORT KuCoin · nowBZUSDTM
+0.00%
7d avg:−89.52%
Entry Spread Now
+0.011%
NeutralL 93.4600 · S 93.4700
24h range −0.17%…+0.14% · median −0.02%
Long pays every4hShort pays every4h
LONGmaker0.020%/taker0.050%SHORTmaker0.020%/taker0.060%
Loading Funding History…
↗Total PnL
−$20.66
−0.21%
$Avg Daily PnL
+$4.88
+0.0488%
★Best Day
+$19.57
Nov 12
◎Open Interest
⚡Funding APR
+17.81%
annualized · funding only
⚠Execution Cost
−$54.82
entry + exit fees
⏱Payback
11.2d
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 (−$54.82 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.