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updated —Funding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding never covers this cost
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
−14.63%
7d Period Avg+7.25%
swing±125.91%
LONG OKX · nowCXMT-USDT-SWAP
−136.15%
7d avg:−57.69%
SHORT Gate.io · now
−150.78%
7d avg:−50.44%
Entry Spread Now
+0.116%
Eaten by executionL 8.5900 · S 8.6000+$11.64 if it converges
24h range −0.20%…+0.06% · median −0.09%
Long pays every8hShort pays every1h
LONGmaker0.020%/taker0.050%SHORTmaker-0.010%/taker0.075%
Loading Funding History…
↗Total PnL
−$11.11
−0.11%
$Avg Daily PnL
+$1.98
+0.0198%
★Best Day
+$10.37
Sep 26
◎Open Interest
⚡Funding APR
+7.24%
annualized · funding only
⚠Execution Cost
−$25.00
entry + exit fees
⏱Payback
12.6d
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 (−$25.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.