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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 ~18d
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+7.23%
3d Period Avg−0.23%
swing±10.79%
LONG OKX · nowOP-USDT-SWAP
−8.04%
3d avg:+3.75%
SHORT Bitunix · now
−0.81%
3d avg:+3.52%
Entry Spread Now
+0.137%
Eaten by executionL 0.1240 · S 0.1242+$13.71 if it converges
24h range −0.74%…+0.73% · median +0.05%
Long pays every8hShort pays every8h
LONGmaker0.020%/taker0.050%SHORTmaker0.020%/taker0.060%
Loading Funding History…
↗Total PnL
−$36.28
−0.36%
$Avg Daily PnL
−$0.06
−0.0006%
★Best Day
+$1.30
Sep 21
◎Open Interest
⚡Funding APR
−0.23%
annualized · funding only
⚠Execution Cost
−$36.09
entry + exit fees
⏱Payback
never
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 (−$36.09 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.