← Back to Screener
updated —ZHIPU Funding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding covers it in ~3.7d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+21.92%
3d Period Avg+21.31%
swing±58.49%
LONG OKX · nowZHIPU-USDT-SWAP
+0.00%
3d avg:−16.10%
SHORT Hotcoin · now
+21.92%
3d avg:+5.21%
Entry Spread Now
−0.020%
NeutralL 51.1500 · S 51.1400
24h range −0.39%…+0.24% · median −0.06%
Long pays every8hShort pays every4h
LONGmaker0.020%/taker0.050%SHORTmaker0.020%/taker0.060%
Loading Funding History…
↗Total PnL
−$5.48
−0.05%
$Avg Daily PnL
+$5.51
+0.0551%
★Best Day
+$13.36
Nov 12
◎Open Interest
OKX$3.24M
Hotcoin$649.9K⚡Funding APR
+20.10%
annualized · funding only
⚠Execution Cost
−$22.00
entry + exit fees
⏱Payback
4.0d
to break even
◧24h Volume
OKX$2.64MHotcoin$516.3KLoading 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.