← Back to Screener
updated —Funding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding covers it in ~13d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+5.70%
7d Period Avg+25.53%
swing±32.98%
LONG OKX · nowUSELESS-USDT-SWAP
+10.96%
7d avg:+18.10%
SHORT BingX · now
+16.66%
7d avg:+43.63%
Entry Spread Now
+0.028%
Eaten by executionL 0.2891 · S 0.2892+$2.77 if it converges
24h range −0.41%…+1.47% · median +0.02%
Long pays every4hShort pays every4h
LONGmaker0.020%/taker0.050%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
+$28.92
+0.29%
$Avg Daily PnL
+$6.99
+0.0699%
★Best Day
+$20.67
Sep 22
◎Open Interest
OKX$9.57M
BingX$2.87M⚡Funding APR
+25.51%
annualized · funding only
⚠Execution Cost
−$20.00
entry + exit fees
⏱Payback
2.9d
to break even
◧24h Volume
OKX$27.94MBingX$3.37MLoading 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 (−$20.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.