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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 ~2.6d
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+52.10%
1d Period Avg+23.90%
swing±6.05%
LONG Polymarket · now
−41.14%
1d avg:−12.94%
SHORT HTX · now
+10.96%
1d avg:+10.96%
Entry Spread Now
−0.081%
Eaten by executionL 11.8540 · S 11.8445−$8.06 if it converges
24h range −0.17%…+0.19% · median −0.04%
Long pays every1hShort pays every8h
LONGmaker0.013%/taker0.040%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
−$28.96
−0.29%
$Avg Daily PnL
+$8.33
+0.0833%
★Best Day
+$8.09
Oct 17
◎Open Interest
⚡Funding APR
+30.39%
annualized · funding only
⚠Execution Cost
−$37.29
entry + exit fees
⏱Payback
4.5d
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 + fees only (orderbook snapshot stale) on both legs (−$37.29 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.