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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 ~1.9d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+32.58%
3d Period Avg−1.03%
swing±37.56%
LONG Phoenix · now
−14.36%
3d avg:−6.07%
SHORT Crypto.com · nowAAVEUSD-PERP
+18.22%
3d avg:−7.10%
Entry Spread Now
−0.844%
Against youL 183.1700 · S 181.6240−$84.40 if it converges
24h range −2.93%…+5.54% · median +0.09%
Long pays every1hShort pays every1h
LONGmaker0.005%/taker0.035%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
−$17.80
−0.18%
$Avg Daily PnL
−$0.27
−0.0027%
★Best Day
+$5.80
Oct 1
◎Open Interest
⚡Funding APR
−0.97%
annualized · funding only
⚠Execution Cost
−$17.00
entry + exit fees
⏱Payback
never
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 (−$17.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.