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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 ~9.1d
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+18.71%
3d Period Avg+1.73%
swing±12.67%
LONG OKX · nowCAP-USDT-SWAP
−7.76%
3d avg:+4.03%
SHORT Bybit · now
+10.96%
3d avg:+5.76%
Entry Spread Now
−0.027%
Eaten by executionL 0.07395 · S 0.07393−$2.70 if it converges
24h range −1.00%…+1.63% · median +0.00%
Long pays every4hShort pays every4h
LONGmaker0.020%/taker0.050%SHORTmaker0.020%/taker0.055%
Loading Funding History…
↗Total PnL
−$45.39
−0.45%
$Avg Daily PnL
+$0.47
+0.0047%
★Best Day
+$2.62
Oct 16
◎Open Interest
⚡Funding APR
+1.73%
annualized · funding only
⚠Execution Cost
−$46.81
entry + exit fees
⏱Payback
3.3mo
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 (−$46.81 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.