← Back to Screener
updated 1:04:14 PMFunding 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
−21.98%
3d Period Avg−17.76%
swing±102.15%
LONG OKX · nowCAP-USDT-SWAP
−695.36%
3d avg:−9.10%
SHORT Hotcoin · now
−717.33%
3d avg:−26.86%
Entry Spread Now
+0.064%
Eaten by executionL 0.06260 · S 0.06264+$6.39 if it converges
24h range −3.61%…+2.98% · median +0.46%
Long pays every2hShort pays every4h
LONGmaker0.020%/taker0.050%SHORTmaker0.020%/taker0.060%
Sparse settlements: long 33%, short 72% of expected. KPIs may be noisy.
Loading Funding History…
↗Total PnL
−$39.33
−0.39%
$Avg Daily PnL
−$5.78
−0.0578%
★Best Day
+$0.00
Sep 12
◎Open Interest
OKX$4.78M
Hotcoin$892.8K⚡Funding APR
−21.09%
annualized · funding only
⚠Execution Cost
−$22.00
entry + exit fees
⏱Payback
never
to break even
◧24h Volume
OKX$178.60MHotcoin—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.