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updated —BTC Funding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding covers it in ~12d
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+7.74%
3d Period Avg+1.60%
swing±5.25%
LONG dYdX · now
+0.00%
3d avg:+4.42%
SHORT Binance Futures · now
+7.74%
3d avg:+6.02%
Entry Spread Now
+0.092%
In your favorL ask 63,502 · S bid 63,560.5+$9.21 at entry
24h range −0.21%…+0.24% · median +0.04%
Long pays every1hShort pays every8h
LONGmaker0.010%/taker0.050%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
−$25.48
−0.25%
$Avg Daily PnL
−$0.35
−0.0035%
★Best Day
+$0.54
Nov 15
◎Open Interest
⚡Funding APR
−1.28%
annualized · funding only
⚠Execution Cost
−$24.43
entry + exit fees
⏱Payback
never
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 (−$24.43 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.