← Back to Screener
updated —NIGHT Funding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding covers it in ~2.5d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+31.57%
7d Period Avg+7.74%
swing±19.64%
LONG OKX · nowNIGHT-USDT-SWAP
−39.39%
7d avg:−10.73%
SHORT Hotcoin · now
−7.82%
7d avg:−2.99%
Entry Spread Now
+0.506%
In your favorL 0.04702 · S 0.04726+$50.61 if it converges
24h range −1.22%…+0.73% · median −0.07%
Long pays every4hShort pays every4h
LONGmaker0.020%/taker0.050%SHORTmaker0.020%/taker0.060%
Loading Funding History…
↗Total PnL
−$7.16
−0.07%
$Avg Daily PnL
+$2.12
+0.0212%
★Best Day
+$7.59
Nov 13
◎Open Interest
OKX$3.54M
Hotcoin$660.4K⚡Funding APR
+7.74%
annualized · funding only
⚠Execution Cost
−$22.00
entry + exit fees
⏱Payback
10.4d
to break even
◧24h Volume
OKX$7.87MHotcoin$2.33MLoading 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.