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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 ~19d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+5.48%
3d Period Avg−47.36%
swing±45.21%
LONG OKX · nowJP225-USDT-SWAP
+0.00%
3d avg:+0.00%
SHORT trade[XYZ] · nowxyz:JP225
+5.48%
3d avg:−47.36%
Entry Spread Now
−0.169%
Against youL 66,700 · S 66,587−$16.94 if it converges
24h range −0.18%…+0.44% · median +0.10%
Long pays every8hShort pays every1h
LONGmaker0.020%/taker0.050%SHORTmaker0.030%/taker0.090%
Loading Funding History…
↗Total PnL
−$62.82
−0.63%
$Avg Daily PnL
−$11.61
−0.1161%
★Best Day
+$1.38
Sep 25
◎Open Interest
⚡Funding APR
−42.36%
annualized · funding only
⚠Execution Cost
−$28.00
entry + exit fees
⏱Payback
never
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 (−$28.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.