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updated 8:00:34 PMFunding Arbitrage Backtester
Size$
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
+49.05%
3d Period Avg+37.97%
LONG OKX · nowMMT-USDT-SWAP
−38.09%
3d avg:−27.96%
SHORT Variational · now
+10.96%
3d avg:+10.01%
Entry Spread Now
+0.030%
Eaten by executionL 0.1682 · S 0.1683+$2.97 if it converges
24h range −0.53%…+1.04% · median −0.03%
Long pays every4hShort pays every4h
LONGmaker0.020%/taker0.050%SHORTmaker0%/taker0%
Loading Funding History…
↗Total PnL
+$24.14
+0.24%
$Avg Daily PnL
+$11.38
+0.1138%
★Best Day
+$15.10
Aug 15
◎Open Interest
OKX$2.28M
Variational$889⚡Funding APR
+41.54%
annualized · funding only
⚠Execution Cost
−$10.00
entry + exit fees
⏱Payback
21.1h
to break even
◧24h Volume
OKX$5.58MVariational$9.6KLoading 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 (−$10.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.