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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 ~46d
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+3.71%
7d Period Avg+32.56%
swing±30.87%
LONG Gate.io · now
+10.96%
7d avg:+23.59%
SHORT OKX · nowLAB-USDT-SWAP
+14.67%
7d avg:+56.15%
Entry Spread Now
+0.090%
Eaten by executionL 0.05556 · S 0.05561+$9.00 if it converges
24h range −0.45%…+0.52% · median +0.09%
Long pays every4hShort pays every4h
LONGmaker-0.010%/taker0.075%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
+$15.36
+0.15%
$Avg Daily PnL
+$8.88
+0.0888%
★Best Day
+$18.35
Sep 26
◎Open Interest
⚡Funding APR
+32.42%
annualized · funding only
⚠Execution Cost
−$46.82
entry + exit fees
⏱Payback
5.3d
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 (−$46.82 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.