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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
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+0.00%
3d Period Avg+8.48%
swing±13.49%
LONG Variational · now
+10.96%
3d avg:+2.05%
SHORT OKX · nowPENDLE-USDT-SWAP
+10.96%
3d avg:+10.53%
Entry Spread Now
−0.216%
Against youL 2.5024 · S 2.4970−$21.62 if it converges
24h range −0.69%…+1.49% · median +0.01%
Long pays every8hShort pays every4h
LONGmaker0%/taker0%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
−$3.04
−0.03%
$Avg Daily PnL
+$2.32
+0.0232%
★Best Day
+$5.91
Sep 21
◎Open Interest
⚡Funding APR
+8.47%
annualized · funding only
⚠Execution Cost
−$10.00
entry + exit fees
⏱Payback
4.3d
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 (−$10.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.