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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 ~1.1d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+74.07%
3d Period Avg+23.76%
swing±12.38%
LONG OKX · nowUNITREE-USDT-SWAP
+0.00%
3d avg:+0.00%
SHORT Hotcoin · now
+74.07%
3d avg:+23.76%
Entry Spread Now
+0.068%
Eaten by executionL 73.3200 · S 73.3700+$6.82 if it converges
24h range −0.10%…+0.07% · median +0.00%
Long pays every8hShort pays every4h
LONGmaker0.020%/taker0.050%SHORTmaker0.020%/taker0.060%
Loading Funding History…
↗Total PnL
−$2.62
−0.03%
$Avg Daily PnL
+$6.46
+0.0646%
★Best Day
+$6.24
Sep 27
◎Open Interest
⚡Funding APR
+23.58%
annualized · funding only
⚠Execution Cost
−$22.00
entry + exit fees
⏱Payback
3.4d
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.