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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+55.79%
swing±96.95%
LONG OKX · nowXDP-USDT-SWAP
+10.96%
7d avg:−87.92%
SHORT Bybit · now
+10.96%
7d avg:−32.13%
Entry Spread Now
+0.052%
Eaten by executionL 0.01921 · S 0.01922+$5.21 if it converges
24h range −0.21%…+0.65% · median +0.10%
Long pays every4hShort pays every4h
LONGmaker0.020%/taker0.050%SHORTmaker0.020%/taker0.055%
Loading Funding History…
↗Total PnL
+$79.14
+0.79%
$Avg Daily PnL
+$14.31
+0.1431%
★Best Day
+$37.26
Oct 10
◎Open Interest
⚡Funding APR
+52.22%
annualized · funding only
⚠Execution Cost
−$21.00
entry + exit fees
⏱Payback
1.5d
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 (−$21.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.