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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
−5.14%
3d Period Avg+2.56%
swing±11.53%
LONG OKX · nowRIVER-USDT-SWAP
+82.50%
3d avg:+115.11%
SHORT BingX · now
+77.36%
3d avg:+117.67%
Entry Spread Now
+0.000%
NeutralL 1.1950 · S 1.1950
24h range −0.16%…+0.33% · median +0.00%
Long pays every4hShort pays every4h
LONGmaker0.020%/taker0.050%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
−$17.90
−0.18%
$Avg Daily PnL
+$0.70
+0.0070%
★Best Day
+$1.25
Sep 27
◎Open Interest
⚡Funding APR
+2.56%
annualized · funding only
⚠Execution Cost
−$20.00
entry + exit fees
⏱Payback
28.6d
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 (−$20.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.