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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 ~21d
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+5.90%
7d Period Avg+14.63%
swing±21.81%
LONG Gate.io · now
−6.57%
7d avg:+7.21%
SHORT OKX · nowSKHYNIX-USDT-SWAP
−0.67%
7d avg:+21.84%
Entry Spread Now
+0.034%
In your favorL ask 1,357.34 · S bid 1,357.8+$3.39 at entry
24h range −0.07%…+0.10% · median +0.03%
Long pays every4hShort pays every8h
LONGmaker-0.010%/taker0.075%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
−$2.52
−0.03%
$Avg Daily PnL
+$4.43
+0.0443%
★Best Day
+$14.56
Sep 22
◎Open Interest
⚡Funding APR
+16.18%
annualized · funding only
⚠Execution Cost
−$33.55
entry + exit fees
⏱Payback
7.6d
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 + live L2 orderbook slippage on both legs (−$33.55 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.