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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 ~28d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+2.89%
3d Period Avg+6.41%
swing±9.01%
LONG OKX · nowCOIN-USDT-SWAP
+0.00%
3d avg:+2.71%
SHORT Hotcoin · now
+2.89%
3d avg:+9.12%
Entry Spread Now
+0.051%
Eaten by executionL 195.8100 · S 195.9100+$5.11 if it converges
24h range −0.10%…+0.17% · median +0.00%
Long pays every8hShort pays every8h
LONGmaker0.020%/taker0.050%SHORTmaker0.020%/taker0.060%
Loading Funding History…
↗Total PnL
−$16.73
−0.17%
$Avg Daily PnL
+$1.76
+0.0176%
★Best Day
+$2.44
Sep 27
◎Open Interest
⚡Funding APR
+6.41%
annualized · funding only
⚠Execution Cost
−$22.00
entry + exit fees
⏱Payback
12.5d
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 (−$22.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.