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updated —Funding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding covers it in ~133d
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+0.67%
3d Period Avg+7.59%
swing±27.87%
LONG OKX · nowZHIPU-USDT-SWAP
+0.00%
3d avg:+11.61%
SHORT Hotcoin · now
+0.67%
3d avg:+19.20%
Entry Spread Now
−0.037%
Eaten by executionL 81.2400 · S 81.2100−$3.69 if it converges
24h range −0.09%…+0.11% · median +0.01%
Long pays every8hShort pays every4h
LONGmaker0.020%/taker0.050%SHORTmaker0.020%/taker0.060%
Loading Funding History…
↗Total PnL
−$16.77
−0.17%
$Avg Daily PnL
+$2.56
+0.0256%
★Best Day
+$5.02
Sep 27
◎Open Interest
⚡Funding APR
+9.35%
annualized · funding only
⚠Execution Cost
−$24.46
entry + exit fees
⏱Payback
9.6d
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 (−$24.46 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.