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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+19.58%
swing±16.02%
LONG Gate.io · now
+0.00%
7d avg:+27.85%
SHORT OKX · nowXPT-USDT-SWAP
+0.00%
7d avg:+47.43%
Entry Spread Now
+0.120%
Eaten by executionL 1,767.67 · S 1,769.8+$12.05 if it converges
24h range −0.37%…+0.13% · median +0.01%
Long pays every4hShort pays every8h
LONGmaker-0.010%/taker0.075%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
+$12.12
+0.12%
$Avg Daily PnL
+$5.30
+0.0530%
★Best Day
+$11.52
Sep 24
◎Open Interest
⚡Funding APR
+19.36%
annualized · funding only
⚠Execution Cost
−$25.00
entry + exit fees
⏱Payback
4.7d
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.