← Back to Screener
updated —BRENT Funding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding never covers this cost
ⓘSlippage estimate may be inaccurate (thin orderbook or partial fill)
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+0.00%
7d Period Avg+107.34%
swing±114.23%
LONG OKX · nowBZ-USDT-SWAP
+0.00%
7d avg:−107.34%
SHORT Phemex · nowXBRUSDT
+0.00%
7d avg:+0.00%
Entry Spread Now
+0.310%
Eaten by executionL 93.5000 · S 93.7900+$31.02 if it converges
24h range −0.12%…+0.44% · median +0.21%
Long pays every4hShort pays every4h
LONGmaker0.020%/taker0.050%SHORTmaker0.010%/taker0.060%
Loading Funding History…
↗Total PnL
+$43.65
+0.44%
$Avg Daily PnL
+$29.39
+0.2939%
★Best Day
+$66.72
Nov 12
◎Open Interest
OKX$14.72M
Phemex$1.96M⚡Funding APR
+107.27%
annualized · funding only
⚠Execution Cost
−$162.07
entry + exit fees
⏱Payback
5.5d
to break even
◧24h Volume
OKX$17.55MPhemex$46.4KLoading 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 (−$162.07 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.