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updated —Funding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding covers it in ~0.7d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+109.74%
3d Period Avg+57.98%
swing±30.11%
LONG OKX · nowCXMT-USDT-SWAP
−110.07%
3d avg:−58.24%
SHORT Bitget · now
−0.33%
3d avg:−0.26%
Entry Spread Now
−0.116%
Against youL 8.6120 · S 8.6020−$11.61 if it converges
24h range −0.27%…+0.45% · median −0.06%
Long pays every8hShort pays every8h
LONGmaker0.020%/taker0.050%SHORTmaker0.020%/taker0.060%
Loading Funding History…
↗Total PnL
+$25.62
+0.26%
$Avg Daily PnL
+$15.87
+0.1587%
★Best Day
+$19.92
Sep 26
◎Open Interest
⚡Funding APR
+57.94%
annualized · funding only
⚠Execution Cost
−$22.00
entry + exit fees
⏱Payback
1.4d
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.