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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
−12.77%
7d Period Avg+15.37%
swing±18.21%
LONG OKX · nowKSM-USDT-SWAP
−6.66%
7d avg:−10.87%
SHORT Binance Futures · now
−19.43%
7d avg:+4.50%
Entry Spread Now
−0.496%
Against youL 4.3380 · S 4.3165−$49.57 if it converges
24h range −0.20%…+0.35% · median +0.00%
Long pays every4hShort pays every8h
LONGmaker0.020%/taker0.050%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
+$7.00
+0.07%
$Avg Daily PnL
+$3.86
+0.0386%
★Best Day
+$5.60
Oct 11
◎Open Interest
⚡Funding APR
+14.08%
annualized · funding only
⚠Execution Cost
−$20.00
entry + exit fees
⏱Payback
5.2d
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.