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updated βFunding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg Β· +$20000.00 turnover Β· funding never covers this cost
β Slippage not modeled β actual cost may differ
Funding ArbitrageLooking at price convergence? β /price-pair
Current Net APR Β· Snapshot
β21.14%
3d Period Avg+6.45%
swingΒ±15.85%
LONG OKX Β· nowS-USDT-SWAP
+2.32%
3d avg:β9.19%
SHORT Binance Futures Β· now
β18.82%
3d avg:β2.74%
Entry Spread Now
β0.049%
Eaten by executionL 0.05683 Β· S 0.05680β$4.94 if it converges
24h range β0.93%β¦+0.86% Β· median β0.09%
Long pays every4hShort pays every4h
LONGmaker0.020%/taker0.050%SHORTmaker0.020%/taker0.050%
Loading Funding Historyβ¦
βTotal PnL
β$14.70
β0.15%
$Avg Daily PnL
+$1.77
+0.0177%
β
Best Day
+$3.87
Oct 18
βOpen Interest
OKXβ
Binance Futures$9.87Mβ‘Funding APR
+6.45%
annualized Β· funding only
β Execution Cost
β$20.00
entry + exit fees
β±Payback
11.3d
to break even
β§24h Volume
OKX$10.28MBinance Futures$30.38MLoading Cumulative PnLβ¦
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 (β$20.00 for size $10,000). Slippage scales nonlinearly with position size β try a larger size to see thin upper levels run out.