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updated —ONE Funding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding covers it in ~1.5d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+34.84%
7d Period Avg+31.78%
swing±106.59%
LONG MEXC · now
−23.89%
7d avg:−103.43%
SHORT BingX · now
+10.96%
7d avg:−71.65%
Entry Spread Now
−0.044%
Eaten by executionL 0.001351 · S 0.001351−$4.44 if it converges
24h range −1.14%…+1.27% · median −0.07%
Long pays every4hShort pays every4h
LONGmaker0%/taker0.020%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
+$68.52
+0.69%
$Avg Daily PnL
+$11.79
+0.1179%
★Best Day
+$29.52
Nov 11
◎Open Interest
⚡Funding APR
+43.03%
annualized · funding only
⚠Execution Cost
−$14.00
entry + exit fees
⏱Payback
1.2d
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 (−$14.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.