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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 ~2.3d
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+43.79%
1d Period Avg+26.41%
swing±20.20%
LONG OKX · nowTAO-USDT-SWAP
−23.76%
1d avg:−0.51%
SHORT BloFin · now
+20.03%
1d avg:+25.90%
Entry Spread Now
−0.007%
NeutralL 294.8000 · S 294.7800
24h range −0.65%…+1.72% · median +0.04%
Long pays every8hShort pays every4h
LONGmaker0.020%/taker0.050%SHORTmaker0.020%/taker0.060%
Loading Funding History…
↗Total PnL
−$17.51
−0.18%
$Avg Daily PnL
+$9.84
+0.0984%
★Best Day
+$5.21
Oct 2
◎Open Interest
⚡Funding APR
+35.93%
annualized · funding only
⚠Execution Cost
−$27.35
entry + exit fees
⏱Payback
2.8d
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 (−$27.35 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.