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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
−6.46%
7d Period Avg+11.21%
swing±26.95%
LONG OKX · nowLPT-USDT-SWAP
+1.00%
7d avg:−16.47%
SHORT Binance Futures · now
−5.46%
7d avg:−5.26%
Entry Spread Now
+0.148%
In your favorL 1.6230 · S 1.6254+$14.82 if it converges
24h range −0.44%…+1.45% · median +0.00%
Long pays every4hShort pays every4h
LONGmaker0.020%/taker0.050%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
+$1.49
+0.01%
$Avg Daily PnL
+$3.07
+0.0307%
★Best Day
+$8.57
Oct 13
◎Open Interest
⚡Funding APR
+11.20%
annualized · funding only
⚠Execution Cost
−$20.00
entry + exit fees
⏱Payback
6.5d
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 (−$20.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.