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updated —Funding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding never covers this cost
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+0.00%
7d Period Avg+13.38%
swing±22.44%
LONG OKX · nowUSELESS-USDT-SWAP
+10.96%
7d avg:+18.10%
SHORT MEXC · now
+10.96%
7d avg:+31.48%
Entry Spread Now
+0.021%
Eaten by executionL 0.2851 · S 0.2851+$2.10 if it converges
24h range −0.58%…+1.01% · median +0.02%
Long pays every4hShort pays every4h
LONGmaker0.020%/taker0.050%SHORTmaker0%/taker0.020%
Loading Funding History…
↗Total PnL
+$11.65
+0.12%
$Avg Daily PnL
+$3.66
+0.0366%
★Best Day
+$11.71
Sep 22
◎Open Interest
OKX$9.24M
MEXC$13.11M⚡Funding APR
+13.37%
annualized · funding only
⚠Execution Cost
−$14.00
entry + exit fees
⏱Payback
3.8d
to break even
◧24h Volume
OKX$27.76MMEXC$3.20MLoading 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 (−$14.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.