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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
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
−7.97%
3d Period Avg+34.98%
swing±37.09%
LONG OKX · nowMINA-USDT-SWAP
−98.52%
3d avg:−75.27%
SHORT Bybit · now
−106.49%
3d avg:−40.29%
Entry Spread Now
+0.202%
Eaten by executionL 0.07417 · S 0.07432+$20.22 if it converges
24h range −0.58%…+1.12% · median +0.05%
Long pays every4hShort pays every4h
LONGmaker0.020%/taker0.050%SHORTmaker0.020%/taker0.055%
Loading Funding History…
↗Total PnL
−$32.13
−0.32%
$Avg Daily PnL
+$9.58
+0.0958%
★Best Day
+$12.98
Oct 14
◎Open Interest
⚡Funding APR
+34.96%
annualized · funding only
⚠Execution Cost
−$60.86
entry + exit fees
⏱Payback
6.3d
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 (−$60.86 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.