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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 ~0.9d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+88.66%
1d Period Avg+80.64%
swing±18.25%
LONG OKX · nowTRX-USDT-SWAP
−39.66%
1d avg:−33.14%
SHORT Hotcoin · now
+49.01%
1d avg:+47.50%
Entry Spread Now
−0.012%
NeutralL 0.3360 · S 0.3360
24h range −0.07%…+0.05% · median −0.01%
Long pays every8hShort pays every8h
LONGmaker0.020%/taker0.050%SHORTmaker0.020%/taker0.060%
Loading Funding History…
↗Total PnL
+$0.08
+0.00%
$Avg Daily PnL
+$22.08
+0.2208%
★Best Day
+$22.08
Oct 2
◎Open Interest
⚡Funding APR
+80.59%
annualized · funding only
⚠Execution Cost
−$22.00
entry + exit fees
⏱Payback
1.0d
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 (−$22.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.