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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 ~3.6d
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+43.79%
3d Period Avg+8.89%
swing±17.19%
LONG OKX · nowNMR-USDT-SWAP
−61.13%
3d avg:−15.03%
SHORT Binance Futures · now
−17.34%
3d avg:−6.14%
Entry Spread Now
+0.058%
Eaten by executionL 12.0340 · S 12.0410+$5.82 if it converges
24h range −0.68%…+0.66% · median −0.02%
Long pays every4hShort pays every4h
LONGmaker0.020%/taker0.050%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
−$36.18
−0.36%
$Avg Daily PnL
+$2.43
+0.0243%
★Best Day
+$5.33
Oct 17
◎Open Interest
⚡Funding APR
+8.88%
annualized · funding only
⚠Execution Cost
−$43.48
entry + exit fees
⏱Payback
17.9d
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 (−$43.48 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.