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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
−21.91%
7d Period Avg+12.07%
swing±34.28%
LONG Hotcoin · now
+21.92%
7d avg:+35.36%
SHORT OKX · nowXPT-USDT-SWAP
+0.00%
7d avg:+47.43%
Entry Spread Now
+0.060%
Eaten by executionL 1,768.74 · S 1,769.8+$5.99 if it converges
24h range −0.02%…+0.12% · median +0.03%
Long pays every4hShort pays every8h
LONGmaker0.020%/taker0.060%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
−$1.17
−0.01%
$Avg Daily PnL
+$2.98
+0.0298%
★Best Day
+$12.46
Sep 24
◎Open Interest
⚡Funding APR
+10.86%
annualized · funding only
⚠Execution Cost
−$22.00
entry + exit fees
⏱Payback
7.4d
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 (−$22.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.