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updated —GOOGL Funding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding covers it in ~10d
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+8.60%
7d Period Avg+35.70%
swing±39.67%
LONG Variational · now
+0.00%
7d avg:+1.32%
SHORT HTX · now
+8.60%
7d avg:+37.02%
Entry Spread Now
+0.125%
In your favorL ask 293.9230 · S bid 294.2900+$12.49 at entry
24h range −0.05%…+0.45% · median +0.15%
Long pays every8hShort pays every8h
LONGmaker0%/taker0%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
+$44.45
+0.44%
$Avg Daily PnL
+$9.77
+0.0977%
★Best Day
+$20.79
Nov 10
◎Open Interest
⚡Funding APR
+35.67%
annualized · funding only
⚠Execution Cost
−$23.96
entry + exit fees
⏱Payback
2.5d
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 (−$23.96 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.