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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
−3.03%
3d Period Avg+11.83%
swing±16.55%
LONG OKX · nowKSM-USDT-SWAP
−2.23%
3d avg:−8.35%
SHORT Binance Futures · now
−5.26%
3d avg:+3.48%
Entry Spread Now
+0.070%
Eaten by executionL 4.2970 · S 4.3000+$6.98 if it converges
24h range −0.50%…+0.35% · median +0.00%
Long pays every4hShort pays every8h
LONGmaker0.020%/taker0.050%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
−$11.20
−0.11%
$Avg Daily PnL
+$2.93
+0.0293%
★Best Day
+$5.05
Oct 17
◎Open Interest
⚡Funding APR
+10.70%
annualized · funding only
⚠Execution Cost
−$20.00
entry + exit fees
⏱Payback
6.8d
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 (−$20.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.