← Back to Screener
updated 7:21:53 PMFunding Arbitrage Backtester
Size$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding covers it in ~7.3d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+10.96%
3d Period Avg+9.02%
LONG OKX · nowJNJ-USDT-SWAP
+0.00%
3d avg:+1.94%
SHORT Hotcoin · now
+10.96%
3d avg:+10.96%
Entry Spread Now
+0.073%
Eaten by executionL 262.0000 · S 262.1900+$7.25 if it converges
24h range −0.27%…+0.45% · median +0.00%
Long pays every8hShort pays every8h
LONGmaker0.020%/taker0.050%SHORTmaker0.020%/taker0.060%
Loading Funding History…
↗Total PnL
−$14.60
−0.15%
$Avg Daily PnL
+$2.47
+0.0247%
★Best Day
+$3.00
Aug 15
◎Open Interest
OKX$61.6K
Hotcoin$12.6K⚡Funding APR
+9.01%
annualized · funding only
⚠Execution Cost
−$22.00
entry + exit fees
⏱Payback
8.9d
to break even
◧24h Volume
OKX$94.8KHotcoin—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.