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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 ~0.8d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+90.32%
3d Period Avg+8.11%
swing±16.00%
LONG Bybit · now
−266.46%
3d avg:+3.40%
SHORT OKX · nowINTW-USDT-SWAP
−176.15%
3d avg:+11.51%
Entry Spread Now
−0.427%
Against youL 16.3900 · S 16.3200−$42.71 if it converges
24h range −0.18%…+0.18% · median +0.00%
Long pays every8hShort pays every8h
LONGmaker0.020%/taker0.055%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
−$14.34
−0.14%
$Avg Daily PnL
+$2.22
+0.0222%
★Best Day
+$4.16
Oct 17
◎Open Interest
⚡Funding APR
+8.10%
annualized · funding only
⚠Execution Cost
−$21.00
entry + exit fees
⏱Payback
9.5d
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.