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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
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
−0.04%
3d Period Avg+1.91%
swing±3.14%
LONG Ondo · nowWTI-USD.P
+5.52%
3d avg:+3.56%
SHORT Polymarket · nowWTIOIL-USD
+5.48%
3d avg:+5.47%
Entry Spread Now
+0.039%
Eaten by executionL 102.1300 · S 102.1700+$3.92 if it converges
24h range −0.09%…+0.19% · median +0.04%
Long pays every1hShort pays every1h
LONGmaker0.015%/taker0.035%SHORTmaker0.013%/taker0.040%
Loading Funding History…
↗Total PnL
−$20.52
−0.21%
$Avg Daily PnL
+$0.48
+0.0048%
★Best Day
+$0.71
Oct 28
◎Open Interest
⚡Funding APR
+1.75%
annualized · funding only
⚠Execution Cost
−$21.96
entry + exit fees
⏱Payback
1.5mo
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 (−$21.96 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.