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updated —Funding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding never covers this cost
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
−3.07%
7d Period Avg+16.96%
swing±14.66%
LONG grvt · nowAAVE_USDT_Perp
+10.96%
7d avg:+10.05%
SHORT Coinbase International · nowAAVE-PERP
+7.89%
7d avg:+27.01%
Entry Spread Now
+0.026%
Eaten by executionL 153.9901 · S 154.0300+$2.59 if it converges
24h range −0.26%…+0.41% · median +0.08%
Long pays every8hShort pays every1h
LONGmaker0.010%/taker0.050%SHORTmaker0.020%/taker0.040%
Loading Funding History…
↗Total PnL
−$0.17
+0.00%
$Avg Daily PnL
+$4.64
+0.0464%
★Best Day
+$9.96
Sep 24
◎Open Interest
⚡Funding APR
+16.95%
annualized · funding only
⚠Execution Cost
−$32.67
entry + exit fees
⏱Payback
7.0d
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 (−$32.67 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.