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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
−5.50%
3d Period Avg+46.90%
swing±37.09%
LONG Variational · now
+10.96%
3d avg:−38.38%
SHORT BloFin · now
+5.46%
3d avg:+8.52%
Entry Spread Now
−0.043%
Eaten by executionL 0.02349 · S 0.02348−$4.26 if it converges
24h range −0.43%…+0.74% · median +0.11%
Long pays every4hShort pays every4h
LONGmaker0%/taker0%SHORTmaker0.020%/taker0.060%
Loading Funding History…
↗Total PnL
+$0.94
+0.01%
$Avg Daily PnL
+$12.84
+0.1284%
★Best Day
+$15.02
Sep 28
◎Open Interest
⚡Funding APR
+46.87%
annualized · funding only
⚠Execution Cost
−$37.59
entry + exit fees
⏱Payback
2.9d
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 (−$37.59 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.