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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
+0.00%
7d Period Avg+25.87%
swing±63.97%
LONG OKX · nowDATA-USDT-SWAP
+10.96%
7d avg:−14.92%
SHORT Bitget · now
+10.96%
7d avg:+10.95%
Entry Spread Now
+0.086%
Eaten by executionL 0.2337 · S 0.2339+$8.56 if it converges
24h range −0.17%…+2.11% · median +0.26%
Long pays every4hShort pays every4h
LONGmaker0.020%/taker0.050%SHORTmaker0.020%/taker0.060%
Loading Funding History…
↗Total PnL
+$27.58
+0.28%
$Avg Daily PnL
+$7.08
+0.0708%
★Best Day
+$27.10
Sep 22
◎Open Interest
⚡Funding APR
+25.85%
annualized · funding only
⚠Execution Cost
−$22.00
entry + exit fees
⏱Payback
3.1d
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.