← Back to Screener
updated —WTI Funding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding covers it in ~74d
ⓘSlippage estimate may be inaccurate (thin orderbook or partial fill)
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+5.31%
3d Period Avg+60.57%
swing±56.23%
LONG HTX · nowUSOIL-USDT
+0.00%
3d avg:−52.67%
SHORT Phemex · nowXTIUSDT
+5.31%
3d avg:+7.90%
Entry Spread Now
+0.183%
In your favorL ask 87.6100 · S bid 87.7700+$18.26 at entry
24h range +0.02%…+0.59% · median +0.28%
Long pays every4hShort pays every4h
LONGmaker0.020%/taker0.050%SHORTmaker0.010%/taker0.060%
Loading Funding History…
↗Total PnL
−$58.38
−0.58%
$Avg Daily PnL
+$16.58
+0.1658%
★Best Day
+$20.96
Nov 12
◎Open Interest
HTX$633.1K
Phemex$939.7K⚡Funding APR
+60.53%
annualized · funding only
⚠Execution Cost
−$108.13
entry + exit fees
⏱Payback
6.5d
to break even
◧24h Volume
HTX$1.89MPhemex$85.9KLoading Cumulative PnL…
How it works: Funding PnL is bucketed daily from real settlement history. Execution Cost = round-trip taker fees + live L2 orderbook slippage on both legs (−$108.13 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.