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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+11.30%
swing±34.77%
LONG Bitget · now
+0.00%
7d avg:+16.33%
SHORT OKX · nowXPD-USDT-SWAP
+0.00%
7d avg:+27.63%
Entry Spread Now
+0.071%
Eaten by executionL 1,260 · S 1,260.9+$7.14 if it converges
24h range −0.08%…+0.14% · median +0.02%
Long pays every4hShort pays every8h
LONGmaker0.020%/taker0.060%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
−$7.12
−0.07%
$Avg Daily PnL
+$2.13
+0.0213%
★Best Day
+$12.58
Sep 25
◎Open Interest
⚡Funding APR
+7.76%
annualized · funding only
⚠Execution Cost
−$22.00
entry + exit fees
⏱Payback
10.3d
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 (−$22.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.