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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 ~1.6d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+49.05%
30d Period Avg+0.67%
swing±22.48%
LONG OKX · nowKMNO-USDT-SWAP
−38.09%
30d avg:+2.52%
SHORT Bybit · now
+10.96%
30d avg:+3.19%
Entry Spread Now
−0.157%
Against youL 0.04469 · S 0.04462−$15.66 if it converges
24h range −0.46%…+0.21% · median +0.02%
Long pays every4hShort pays every4h
LONGmaker0.020%/taker0.050%SHORTmaker0.020%/taker0.055%
Loading Funding History…
↗Total PnL
−$15.48
−0.15%
$Avg Daily PnL
+$0.18
+0.0018%
★Best Day
+$10.74
Sep 29
◎Open Interest
⚡Funding APR
+0.67%
annualized · funding only
⚠Execution Cost
−$21.00
entry + exit fees
⏱Payback
3.8mo
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.