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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 ~3.9d
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+24.11%
3d Period Avg+24.68%
swing±0.80%
LONG Hotcoin · now
−13.15%
3d avg:−13.73%
SHORT OKX · nowENA-USDT-SWAP
+10.96%
3d avg:+10.95%
Entry Spread Now
+0.126%
Eaten by executionL 0.2697 · S 0.2701+$12.61 if it converges
24h range −0.55%…+1.13% · median +0.05%
Long pays every4hShort pays every4h
LONGmaker0.020%/taker0.060%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
−$5.53
−0.06%
$Avg Daily PnL
+$6.76
+0.0676%
★Best Day
+$6.85
Sep 26
◎Open Interest
⚡Funding APR
+24.69%
annualized · funding only
⚠Execution Cost
−$25.82
entry + exit fees
⏱Payback
3.8d
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 (−$25.82 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.