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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
+0.00%
3d Period Avg+20.11%
swing±24.10%
LONG OKX · nowNMR-USDT-SWAP
+10.96%
3d avg:−18.22%
SHORT Bybit · now
+10.96%
3d avg:+1.89%
Entry Spread Now
+0.077%
Eaten by executionL 11.7220 · S 11.7310+$7.68 if it converges
24h range −0.55%…+0.79% · median +0.00%
Long pays every4hShort pays every4h
LONGmaker0.020%/taker0.050%SHORTmaker0.020%/taker0.055%
Loading Funding History…
↗Total PnL
−$43.47
−0.43%
$Avg Daily PnL
+$5.50
+0.0550%
★Best Day
+$7.18
Oct 14
◎Open Interest
⚡Funding APR
+20.09%
annualized · funding only
⚠Execution Cost
−$59.98
entry + exit fees
⏱Payback
10.9d
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 (−$59.98 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.