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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%
3d Period Avg+33.38%
swing±73.73%
LONG Bybit · now
+10.96%
3d avg:−30.97%
SHORT OKX · nowGAS-USDT-SWAP
+10.96%
3d avg:+2.41%
Entry Spread Now
−0.014%
NeutralL 1.3995 · S 1.3993
24h range −0.29%…−0.15% · median −0.23%
Long pays every4hShort pays every4h
LONGmaker0.020%/taker0.055%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
+$6.42
+0.06%
$Avg Daily PnL
+$9.14
+0.0914%
★Best Day
+$17.39
Oct 8
◎Open Interest
⚡Funding APR
+33.36%
annualized · funding only
⚠Execution Cost
−$21.00
entry + exit fees
⏱Payback
2.3d
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 (−$21.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.