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updated 2:40:29 AMFunding Arbitrage Backtester
Size$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding covers it in ~3.6d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+22.34%
30d Period Avg+18.67%
LONG Backpack · now0G_USDC_PERP
+1.86%
30d avg:−13.56%
SHORT Toobit · now0G-SWAP-USDT
+24.20%
30d avg:+5.11%
Entry Spread Now
+0.000%
NeutralL 0.1576 · S 0.1576
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
+$174.65
+1.75%
$Avg Daily PnL
+$6.34
+0.0634%
★Best Day
+$30.86
Jul 29
◎Open Interest
Backpack$43.4K
Toobit$238.0K⚡Funding APR
+23.15%
annualized · funding only
⚠Execution Cost
−$22.00
entry + exit fees
⏱Payback
3.5d
to break even
◧24h Volume
Backpack$54.5KToobit$682.6KLoading 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.