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updated —WTI 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
−5.48%
7d Period Avg+18.47%
swing±98.83%
LONG Binance Futures · nowCLUSDT
+0.00%
7d avg:−51.90%
SHORT Hotcoin · nowCLUSDT
−5.48%
7d avg:−33.43%
Entry Spread Now
−0.011%
Against youL ask 87.6300 · S bid 87.6200−$1.14 at entry
24h range −0.12%…+0.21% · median −0.01%
Long pays every4hShort pays every4h
LONGmaker0.020%/taker0.050%SHORTmaker0.020%/taker0.060%
Loading Funding History…
↗Total PnL
+$9.97
+0.10%
$Avg Daily PnL
+$5.06
+0.0506%
★Best Day
+$36.49
Nov 10
◎Open Interest
⚡Funding APR
+18.45%
annualized · funding only
⚠Execution Cost
−$25.42
entry + exit fees
⏱Payback
5.0d
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 + live L2 orderbook slippage on both legs (−$25.42 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.