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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 ~2.0d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+18.51%
7d Period Avg+20.58%
swing±33.36%
LONG OKX · nowDRAM-USDT-SWAP
+6.91%
7d avg:+2.47%
SHORT Lighter · now
+25.42%
7d avg:+23.05%
Entry Spread Now
−0.095%
Against youL 61.2100 · S 61.1520−$9.48 if it converges
24h range −0.65%…+0.39% · median −0.01%
Long pays every8hShort pays every1h
LONGmaker0.020%/taker0.050%SHORTmaker0%/taker0%
Loading Funding History…
↗Total PnL
+$28.71
+0.29%
$Avg Daily PnL
+$5.53
+0.0553%
★Best Day
+$12.99
Sep 28
◎Open Interest
⚡Funding APR
+20.19%
annualized · funding only
⚠Execution Cost
−$10.00
entry + exit fees
⏱Payback
1.8d
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 (−$10.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.