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updated 4:02:05 AMFunding Arbitrage Backtester
Size$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding covers it in ~1.7d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+47.07%
3d Period Avg+45.35%
LONG Backpack · now0G_USDC_PERP
−23.20%
3d avg:−35.01%
SHORT Toobit · now0G-SWAP-USDT
+23.87%
3d avg:+10.34%
Entry Spread Now
−0.127%
Against youL 0.1576 · S 0.1574−$12.69 if it converges
24h range −0.43%…+0.19% · median +0.00%
Long pays every1hShort pays every4h
LONGmaker0.020%/taker0.050%SHORTmaker0.020%/taker0.060%
Loading Funding History…
↗Total PnL
+$24.02
+0.24%
$Avg Daily PnL
+$11.50
+0.1150%
★Best Day
+$25.45
Aug 16
◎Open Interest
Backpack$44.7K
Toobit$196.9K⚡Funding APR
+41.99%
annualized · funding only
⚠Execution Cost
−$22.00
entry + exit fees
⏱Payback
1.9d
to break even
◧24h Volume
Backpack$51.2KToobit$641.1KLoading 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.