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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
+2667.18%
7d Period Avg−70.35%
swing±225.72%
LONG Toobit · nowBTW-SWAP-USDT
−3230.41%
7d avg:−60.52%
SHORT OKX · nowBTW-USDT-SWAP
−563.23%
7d avg:−130.87%
Entry Spread Now
+2.504%
In your favorL 0.6668 · S 0.6835+$250.45 if it converges
24h range −8.95%…+2.69% · median −0.17%
Long pays every4hShort pays every1h
LONGmaker0.020%/taker0.060%SHORTmaker0.020%/taker0.050%
Sparse settlements: long 74%, short 12% of expected. KPIs may be noisy.
Loading Funding History…
↗Total PnL
+$152.47
+1.52%
$Avg Daily PnL
+$24.92
+0.2492%
★Best Day
+$47.86
Nov 13
◎Open Interest
⚡Funding APR
+90.97%
annualized · funding only
⚠Execution Cost
−$22.00
entry + exit fees
⏱Payback
21.1h
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.