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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 never covers this cost
β Slippage not modeled β actual cost may differ
Funding ArbitrageLooking at price convergence? β /price-pair
Current Net APR Β· Snapshot
β85.03%
3d Period Avgβ115.21%
swingΒ±127.48%
LONG Bybit Β· now
β77.71%
3d avg:β16.87%
SHORT OKX Β· nowWAL-USDT-SWAP
β162.73%
3d avg:β132.08%
Entry Spread Now
β0.398%
Against youL 0.04779 Β· S 0.04760β$39.76 if it converges
24h range β2.20%β¦+1.43% Β· median β0.32%
Long pays every4hShort pays every4h
LONGmaker0.020%/taker0.055%SHORTmaker0.020%/taker0.050%
Loading Funding Historyβ¦
βTotal PnL
β$81.10
β0.81%
$Avg Daily PnL
β$20.03
β0.2003%
β
Best Day
β$3.02
Oct 13
βOpen Interest
Bybit$5.72M
OKX$1.71Mβ‘Funding APR
β73.12%
annualized Β· funding only
β Execution Cost
β$21.00
entry + exit fees
β±Payback
never
to break even
β§24h Volume
Bybit$42.71MOKX$36.73MLoading 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$21.00 for size $10,000). Slippage scales nonlinearly with position size β try a larger size to see thin upper levels run out.