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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
−16.67%
3d Period Avg+5.76%
swing±11.70%
LONG Gate.io · now
+41.86%
3d avg:+11.10%
SHORT OKX · nowXPT-USDT-SWAP
+25.18%
3d avg:+16.86%
Entry Spread Now
+0.074%
Eaten by executionL 1,764 · S 1,765.3+$7.37 if it converges
24h range −0.37%…+0.14% · median +0.02%
Long pays every4hShort pays every8h
LONGmaker-0.010%/taker0.075%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
−$19.30
−0.19%
$Avg Daily PnL
+$1.90
+0.0190%
★Best Day
+$5.70
Sep 25
◎Open Interest
⚡Funding APR
+6.93%
annualized · funding only
⚠Execution Cost
−$25.00
entry + exit fees
⏱Payback
13.2d
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 (−$25.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.