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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 ~40d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+2.31%
7d Period Avg+64.88%
swing±76.25%
LONG OKX · nowIOST-USDT-SWAP
+8.65%
7d avg:−84.39%
SHORT Gate.io · now
+10.96%
7d avg:−19.51%
Entry Spread Now
+0.041%
Eaten by executionL 0.0009706 · S 0.0009710+$4.12 if it converges
24h range −1.11%…+0.21% · median −0.11%
Long pays every4hShort pays every4h
LONGmaker0.020%/taker0.050%SHORTmaker-0.010%/taker0.075%
Loading Funding History…
↗Total PnL
+$99.34
+0.99%
$Avg Daily PnL
+$17.76
+0.1776%
★Best Day
+$48.54
Sep 21
◎Open Interest
⚡Funding APR
+64.83%
annualized · funding only
⚠Execution Cost
−$25.00
entry + exit fees
⏱Payback
1.4d
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 (−$25.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.