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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
−0.50%
7d Period Avg+18.92%
swing±29.90%
LONG Bybit · now
+0.00%
7d avg:+1.46%
SHORT OKX · nowINTW-USDT-SWAP
−0.50%
7d avg:+20.38%
Entry Spread Now
−5.562%
Against youL 16.9000 · S 15.9600−$556.21 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
+$15.26
+0.15%
$Avg Daily PnL
+$5.18
+0.0518%
★Best Day
+$11.70
Oct 14
◎Open Interest
⚡Funding APR
+18.91%
annualized · funding only
⚠Execution Cost
−$21.00
entry + exit fees
⏱Payback
4.0d
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.