← 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 ~2.0d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+37.34%
3d Period Avg+53.97%
swing±40.79%
LONG OKX · nowW-USDT-SWAP
−26.38%
3d avg:−10.88%
SHORT Backpack · nowW_USDC_PERP
+10.96%
3d avg:+43.09%
Entry Spread Now
+0.381%
In your favorL 0.01338 · S 0.01344+$38.10 if it converges
24h range −1.03%…+0.69% · median +0.05%
Long pays every4hShort pays every1h
LONGmaker0.020%/taker0.050%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
+$24.14
+0.24%
$Avg Daily PnL
+$14.71
+0.1471%
★Best Day
+$19.33
Sep 30
◎Open Interest
OKX$2.20M
Backpack$55.5K⚡Funding APR
+53.70%
annualized · funding only
⚠Execution Cost
−$20.00
entry + exit fees
⏱Payback
1.4d
to break even
◧24h Volume
OKX$2.45MBackpack$23.8KLoading 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.