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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
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+0.00%
3d Period Avg+7.64%
swing±12.51%
LONG OKX · nowAPI3-USDT-SWAP
+10.96%
3d avg:−9.92%
SHORT Bybit · now
+10.96%
3d avg:−2.28%
Entry Spread Now
−0.102%
Eaten by executionL 0.2936 · S 0.2933−$10.22 if it converges
24h range −0.25%…+0.57% · median +0.11%
Long pays every4hShort pays every4h
LONGmaker0.020%/taker0.050%SHORTmaker0.020%/taker0.055%
Loading Funding History…
↗Total PnL
−$14.72
−0.15%
$Avg Daily PnL
+$2.09
+0.0209%
★Best Day
+$5.00
Oct 14
◎Open Interest
⚡Funding APR
+7.63%
annualized · funding only
⚠Execution Cost
−$21.00
entry + exit fees
⏱Payback
10.0d
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 + fees only (orderbook snapshot stale) on both legs (−$21.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.