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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 ~5.7d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+16.00%
3d Period Avg+19.50%
swing±14.30%
LONG OKX · nowSTRC-USDT-SWAP
+0.00%
3d avg:−4.59%
SHORT Gate.io · now
+16.00%
3d avg:+14.91%
Entry Spread Now
+0.041%
Eaten by executionL 98.7100 · S 98.7500+$4.05 if it converges
24h range +0.01%…+0.10% · median +0.05%
Long pays every8hShort pays every8h
LONGmaker0.020%/taker0.050%SHORTmaker-0.010%/taker0.075%
Loading Funding History…
↗Total PnL
−$8.98
−0.09%
$Avg Daily PnL
+$5.34
+0.0534%
★Best Day
+$9.22
Sep 26
◎Open Interest
⚡Funding APR
+19.49%
annualized · funding only
⚠Execution Cost
−$25.00
entry + exit fees
⏱Payback
4.7d
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 (−$25.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.