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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 ~0.7d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+75.66%
7d Period Avg+53.12%
swing±59.97%
LONG OKX · nowLIGHT-USDT-SWAP
+30.63%
7d avg:+33.93%
SHORT MEXC · now
+106.29%
7d avg:+87.05%
Entry Spread Now
−0.111%
Against youL 0.1803 · S 0.1801−$11.09 if it converges
24h range −0.62%…+0.73% · median −0.17%
Long pays every4hShort pays every4h
LONGmaker0.020%/taker0.050%SHORTmaker0%/taker0.020%
Loading Funding History…
↗Total PnL
+$87.81
+0.88%
$Avg Daily PnL
+$14.54
+0.1454%
★Best Day
+$29.58
Sep 25
◎Open Interest
⚡Funding APR
+53.08%
annualized · funding only
⚠Execution Cost
−$14.00
entry + exit fees
⏱Payback
23.0h
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 (−$14.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.