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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
−0.65%
3d Period Avg+7.34%
swing±13.88%
LONG Variational · now
+10.96%
3d avg:+3.17%
SHORT OKX · nowPENDLE-USDT-SWAP
+10.30%
3d avg:+10.51%
Entry Spread Now
−0.113%
Against youL 2.4718 · S 2.4690−$11.29 if it converges
24h range −0.69%…+1.49% · median +0.00%
Long pays every8hShort pays every4h
LONGmaker0%/taker0%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
−$4.31
−0.04%
$Avg Daily PnL
+$1.42
+0.0142%
★Best Day
+$5.14
Sep 21
◎Open Interest
⚡Funding APR
+5.19%
annualized · funding only
⚠Execution Cost
−$10.00
entry + exit fees
⏱Payback
7.0d
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.