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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
+0.00%
3d Period Avg+2.03%
swing±22.76%
LONG Variational · now
+0.00%
3d avg:+4.34%
SHORT OKX · nowAMAT-USDT-SWAP
+0.00%
3d avg:+6.37%
Entry Spread Now
+0.055%
Eaten by executionL 473.9380 · S 474.2000+$5.53 if it converges
24h range −0.21%…+0.21% · median +0.01%
Long pays every8hShort pays every8h
LONGmaker0%/taker0%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
−$20.30
−0.20%
$Avg Daily PnL
+$0.56
+0.0056%
★Best Day
+$1.64
Sep 21
◎Open Interest
⚡Funding APR
+2.03%
annualized · funding only
⚠Execution Cost
−$21.97
entry + exit fees
⏱Payback
1.3mo
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 (−$21.97 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.