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updated —Funding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding covers it in ~3.4d
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+45.37%
30d Period Avg−15.49%
swing±65.61%
LONG OKX · nowALGO-USDT-SWAP
−5.48%
30d avg:+4.64%
SHORT Crypto.com · nowALGOUSD-PERP
+39.89%
30d avg:−10.85%
Entry Spread Now
+0.139%
Eaten by executionL 0.1298 · S 0.1300+$13.87 if it converges
24h range −1.55%…+0.71% · median +0.10%
Long pays every8hShort pays every1h
LONGmaker0.020%/taker0.050%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
−$170.09
−1.70%
$Avg Daily PnL
−$4.24
−0.0424%
★Best Day
+$17.44
Sep 18
◎Open Interest
⚡Funding APR
−15.49%
annualized · funding only
⚠Execution Cost
−$42.79
entry + exit fees
⏱Payback
never
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 (−$42.79 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.