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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%
7d Period Avg+14.94%
swing±28.15%
LONG OKX · nowLIGHT-USDT-SWAP
+10.96%
7d avg:+12.70%
SHORT Bybit · now
+10.96%
7d avg:+27.64%
Entry Spread Now
+0.119%
In your favorL 0.1931 · S 0.1933+$11.91 if it converges
24h range −0.55%…+2.33% · median +0.03%
Long pays every4hShort pays every4h
LONGmaker0.020%/taker0.050%SHORTmaker0.020%/taker0.055%
Loading Funding History…
↗Total PnL
+$7.64
+0.08%
$Avg Daily PnL
+$4.09
+0.0409%
★Best Day
+$8.87
Oct 11
◎Open Interest
⚡Funding APR
+14.93%
annualized · funding only
⚠Execution Cost
−$21.00
entry + exit fees
⏱Payback
5.1d
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.