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updated —Funding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding never covers this cost
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+0.00%
3d Period Avg+5.86%
swing±15.96%
LONG OKX · nowLIGHT-USDT-SWAP
+10.96%
3d avg:+12.46%
SHORT Bybit · now
+10.96%
3d avg:+18.32%
Entry Spread Now
−0.162%
Against youL 0.2033 · S 0.2030−$16.23 if it converges
24h range −0.55%…+2.33% · median +0.02%
Long pays every4hShort pays every4h
LONGmaker0.020%/taker0.050%SHORTmaker0.020%/taker0.055%
Loading Funding History…
↗Total PnL
−$16.19
−0.16%
$Avg Daily PnL
+$1.60
+0.0160%
★Best Day
+$2.48
Oct 14
◎Open Interest
⚡Funding APR
+5.86%
annualized · funding only
⚠Execution Cost
−$21.00
entry + exit fees
⏱Payback
13.1d
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.