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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 ~6.5d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+12.36%
3d Period Avg+7.05%
swing±6.83%
LONG OKX · nowENS-USDT-SWAP
−8.61%
3d avg:+3.70%
SHORT Bitunix · now
+3.75%
3d avg:+10.75%
Entry Spread Now
+0.000%
NeutralL 6.6580 · S 6.6580
24h range −0.97%…+0.57% · median +0.06%
Long pays every8hShort pays every8h
LONGmaker0.020%/taker0.050%SHORTmaker0.020%/taker0.060%
Loading Funding History…
↗Total PnL
−$16.21
−0.16%
$Avg Daily PnL
+$1.93
+0.0193%
★Best Day
+$3.24
Sep 22
◎Open Interest
⚡Funding APR
+7.04%
annualized · funding only
⚠Execution Cost
−$22.00
entry + exit fees
⏱Payback
11.4d
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.