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updated —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
−21.83%
7d Period Avg+17.76%
swing±24.99%
LONG OKX · nowCAP-USDT-SWAP
−0.05%
7d avg:+14.38%
SHORT Bybit · now
−21.88%
7d avg:+32.14%
Entry Spread Now
+0.272%
In your favorL 0.07355 · S 0.07375+$27.19 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
+$13.02
+0.13%
$Avg Daily PnL
+$4.86
+0.0486%
★Best Day
+$12.78
Oct 12
◎Open Interest
⚡Funding APR
+17.74%
annualized · funding only
⚠Execution Cost
−$21.00
entry + exit fees
⏱Payback
4.3d
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.