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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 ~5.9d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+8.61%
7d Period Avg+6.35%
swing±30.12%
LONG OKX · nowRIVER-USDT-SWAP
+64.36%
7d avg:+64.72%
SHORT MEXC · now
+72.98%
7d avg:+71.07%
Entry Spread Now
−0.167%
Against youL 1.1950 · S 1.1930−$16.74 if it converges
24h range −0.49%…+0.24% · median +0.00%
Long pays every4hShort pays every4h
LONGmaker0.020%/taker0.050%SHORTmaker0%/taker0.020%
Loading Funding History…
↗Total PnL
−$1.84
−0.02%
$Avg Daily PnL
+$1.74
+0.0174%
★Best Day
+$11.89
Sep 21
◎Open Interest
⚡Funding APR
+6.34%
annualized · funding only
⚠Execution Cost
−$14.00
entry + exit fees
⏱Payback
8.1d
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 (−$14.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.