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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+9.33%
swing±14.57%
LONG OKX · nowARB-USDT-SWAP
+10.96%
3d avg:−5.41%
SHORT Hotcoin · now
+10.96%
3d avg:+3.92%
Entry Spread Now
+0.068%
Eaten by executionL 0.2222 · S 0.2223+$6.75 if it converges
24h range −0.95%…+0.61% · median +0.02%
Long pays every8hShort pays every8h
LONGmaker0.020%/taker0.050%SHORTmaker0.020%/taker0.060%
Loading Funding History…
↗Total PnL
−$14.34
−0.14%
$Avg Daily PnL
+$2.55
+0.0255%
★Best Day
+$4.92
Sep 25
◎Open Interest
⚡Funding APR
+9.32%
annualized · funding only
⚠Execution Cost
−$22.00
entry + exit fees
⏱Payback
8.6d
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 (−$22.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.