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updated —AXIS 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+28.56%
swing±38.65%
LONG OKX · nowAXIS-USDT-SWAP
+10.96%
3d avg:−8.09%
SHORT KuCoin · nowAXISUSDTM
+10.96%
3d avg:+20.47%
Entry Spread Now
+0.546%
In your favorL 0.08980 · S 0.09029+$54.57 if it converges
24h range −0.66%…+0.46% · median +0.16%
Long pays every4hShort pays every4h
LONGmaker0.020%/taker0.050%SHORTmaker0.020%/taker0.060%
Loading Funding History…
↗Total PnL
+$1.46
+0.01%
$Avg Daily PnL
+$7.82
+0.0782%
★Best Day
+$12.19
Nov 13
◎Open Interest
OKX$525.0K
KuCoin$538.0K⚡Funding APR
+28.54%
annualized · funding only
⚠Execution Cost
−$22.00
entry + exit fees
⏱Payback
2.8d
to break even
◧24h Volume
OKX$1.86MKuCoin$2.16MLoading 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.