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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 ~7.4d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+10.79%
7d Period Avg+18.81%
swing±26.78%
LONG Bitget · now
+0.00%
7d avg:+12.68%
SHORT OKX · nowMINIMAX-USDT-SWAP
+10.79%
7d avg:+31.49%
Entry Spread Now
+0.045%
Eaten by executionL 35.4040 · S 35.4200+$4.52 if it converges
24h range −0.10%…+0.19% · median +0.05%
Long pays every8hShort pays every8h
LONGmaker0.020%/taker0.060%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
+$14.05
+0.14%
$Avg Daily PnL
+$5.15
+0.0515%
★Best Day
+$14.14
Sep 23
◎Open Interest
⚡Funding APR
+18.80%
annualized · funding only
⚠Execution Cost
−$22.00
entry + exit fees
⏱Payback
4.3d
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 (−$22.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.