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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 ~5.9d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+13.00%
3d Period Avg+19.74%
swing±15.69%
LONG Bybit · now
−2.04%
3d avg:−10.39%
SHORT OKX · nowBARD-USDT-SWAP
+10.96%
3d avg:+9.35%
Entry Spread Now
−0.080%
Eaten by executionL 0.1123 · S 0.1122−$8.01 if it converges
24h range −1.00%…+0.28% · median −0.17%
Long pays every4hShort pays every4h
LONGmaker0.020%/taker0.055%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
−$4.78
−0.05%
$Avg Daily PnL
+$5.41
+0.0541%
★Best Day
+$7.71
Oct 14
◎Open Interest
⚡Funding APR
+19.73%
annualized · funding only
⚠Execution Cost
−$21.00
entry + exit fees
⏱Payback
3.9d
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.