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updated βFunding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg Β· +$20000.00 turnover Β· funding covers it in ~2.4d
β Slippage not modeled β actual cost may differ
Funding ArbitrageLooking at price convergence? β /price-pair
Current Net APR Β· Snapshot
+30.12%
7d Period Avg+15.21%
swingΒ±18.97%
LONG OKX Β· nowNMR-USDT-SWAP
β107.07%
7d avg:β16.45%
SHORT Binance Futures Β· now
β76.95%
7d avg:β1.24%
Entry Spread Now
β0.157%
Against youL 12.1300 Β· S 12.1110β$15.70 if it converges
24h range β0.68%β¦+0.66% Β· median β0.02%
Long pays every4hShort pays every4h
LONGmaker0.020%/taker0.050%SHORTmaker0.020%/taker0.050%
Loading Funding Historyβ¦
βTotal PnL
+$9.16
+0.09%
$Avg Daily PnL
+$4.17
+0.0417%
β
Best Day
+$8.91
Oct 13
βOpen Interest
β‘Funding APR
+15.20%
annualized Β· funding only
β Execution Cost
β$20.00
entry + exit fees
β±Payback
4.8d
to break even
β§24h Volume
Loading Cumulative PnLβ¦
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 (β$20.00 for size $10,000). Slippage scales nonlinearly with position size β try a larger size to see thin upper levels run out.