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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 ~10d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+3.56%
7d Period Avg+5.81%
swing±7.99%
LONG Variational · now
+7.39%
7d avg:+2.89%
SHORT Pionex · nowAAVE_USDT_PERP
+10.96%
7d avg:+8.70%
Entry Spread Now
+0.031%
Eaten by executionL 153.8110 · S 153.8591+$3.12 if it converges
24h range −0.22%…+0.36% · median +0.02%
Long pays every8hShort pays every8h
LONGmaker0%/taker0%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
+$1.13
+0.01%
$Avg Daily PnL
+$1.59
+0.0159%
★Best Day
+$3.31
Sep 25
◎Open Interest
⚡Funding APR
+5.80%
annualized · funding only
⚠Execution Cost
−$10.00
entry + exit fees
⏱Payback
6.3d
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 (−$10.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.