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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 ~70d
Funding ArbitrageLooking at price convergence? β /price-pair
Current Net APR Β· Snapshot
+2.26%
3d Period Avgβ0.83%
swingΒ±3.85%
LONG QFEX Β· now
β2.26%
3d avg:β0.75%
SHORT Bybit Β· now
+0.00%
3d avg:β1.58%
Entry Spread Now
+0.208%
Eaten by executionL 45.5950 Β· S 45.6900+$20.84 if it converges
24h range β1.69%β¦+1.58% Β· median +0.07%
Long pays every1hShort pays every8h
LONGmaker0.050%/taker0.100%SHORTmaker0.020%/taker0.055%
Loading Funding Historyβ¦
βTotal PnL
β$43.53
β0.44%
$Avg Daily PnL
β$0.15
β0.0015%
β
Best Day
+$0.34
Oct 16
βOpen Interest
β‘Funding APR
β0.55%
annualized Β· funding only
β Execution Cost
β$43.08
entry + exit fees
β±Payback
never
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$43.08 for size $10,000). Slippage scales nonlinearly with position size β try a larger size to see thin upper levels run out.