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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
+0.00%
3d Period Avgβ4.35%
swingΒ±14.55%
LONG Polymarket Β· now
+10.96%
3d avg:β4.64%
SHORT Ondo Β· nowXRP-USD.P
+10.96%
3d avg:β8.99%
Entry Spread Now
β0.078%
Against youL 1.2874 Β· S 1.2864β$7.77 if it converges
24h range β0.36%β¦+0.26% Β· median β0.12%
Long pays every1hShort pays every1h
LONGmaker0.013%/taker0.040%SHORTmaker0.015%/taker0.035%
Loading Funding Historyβ¦
βTotal PnL
β$18.20
β0.18%
$Avg Daily PnL
β$1.07
β0.0107%
β
Best Day
+$1.19
Oct 27
βOpen Interest
β‘Funding APR
β3.89%
annualized Β· funding only
β Execution Cost
β$15.00
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$15.00 for size $10,000). Slippage scales nonlinearly with position size β try a larger size to see thin upper levels run out.