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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 ~2.2d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+35.12%
30d Period Avg−2.24%
swing±28.36%
LONG Bybit · now
+0.00%
30d avg:+3.93%
SHORT OKX · nowTSLL-USDT-SWAP
+35.12%
30d avg:+1.69%
Entry Spread Now
+0.208%
In your favorL 9.1400 · S 9.1590+$20.79 if it converges
24h range −0.07%…+0.51% · median +0.09%
Long pays every8hShort pays every8h
LONGmaker0.020%/taker0.055%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
−$39.43
−0.39%
$Avg Daily PnL
−$0.61
−0.0061%
★Best Day
+$5.04
Sep 30
◎Open Interest
⚡Funding APR
−2.24%
annualized · funding only
⚠Execution Cost
−$21.00
entry + exit fees
⏱Payback
never
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 (−$21.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.