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updated —BTW Funding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding covers it in ~0.0d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+2403.57%
3d Period Avg−176.65%
swing±123.19%
LONG Toobit · nowBTW-SWAP-USDT
−2770.92%
3d avg:−223.50%
SHORT OKX · nowBTW-USDT-SWAP
−367.34%
3d avg:−400.15%
Entry Spread Now
−0.622%
Against youL 0.6913 · S 0.6870−$62.20 if it converges
24h range −8.95%…+2.69% · median −0.16%
Long pays every4hShort pays every1h
LONGmaker0.020%/taker0.060%SHORTmaker0.020%/taker0.050%
Sparse settlements: long 39%, short 3% of expected. KPIs may be noisy.
Loading Funding History…
↗Total PnL
+$64.56
+0.65%
$Avg Daily PnL
+$28.85
+0.2885%
★Best Day
+$47.86
Nov 13
◎Open Interest
⚡Funding APR
+105.32%
annualized · funding only
⚠Execution Cost
−$22.00
entry + exit fees
⏱Payback
18.2h
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 (−$22.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.