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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+16.60%
swing±23.75%
LONG MEXC · now
+0.00%
7d avg:+11.03%
SHORT OKX · nowXPD-USDT-SWAP
+0.00%
7d avg:+27.63%
Entry Spread Now
+0.033%
Eaten by executionL 1,260.49 · S 1,260.9+$3.25 if it converges
24h range −0.05%…+0.09% · median +0.02%
Long pays every4hShort pays every8h
LONGmaker0%/taker0.020%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
+$8.45
+0.08%
$Avg Daily PnL
+$3.21
+0.0321%
★Best Day
+$9.44
Sep 25
◎Open Interest
⚡Funding APR
+11.70%
annualized · funding only
⚠Execution Cost
−$14.00
entry + exit fees
⏱Payback
4.4d
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 (−$14.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.