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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 ~1.9d
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+46.08%
7d Period Avg+68.27%
swing±85.00%
LONG OKX · nowCHIP-USDT-SWAP
−63.49%
7d avg:−4.72%
SHORT Toobit · nowCHIP-SWAP-USDT
−17.41%
7d avg:+63.55%
Entry Spread Now
−0.108%
Eaten by executionL 0.04628 · S 0.04623−$10.80 if it converges
24h range −0.85%…+0.81% · median −0.02%
Long pays every4hShort pays every4h
LONGmaker0.020%/taker0.050%SHORTmaker0.020%/taker0.060%
Loading Funding History…
↗Total PnL
+$106.68
+1.07%
$Avg Daily PnL
+$18.69
+0.1869%
★Best Day
+$49.14
Sep 25
◎Open Interest
⚡Funding APR
+68.22%
annualized · funding only
⚠Execution Cost
−$24.16
entry + exit fees
⏱Payback
1.3d
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 (−$24.16 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.