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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 ~1.8d
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+225.71%
1d Period Avg+206.89%
swing±14.27%
LONG Phoenix · now
−0.09%
1d avg:−9.62%
SHORT Crypto.com · nowARBUSD-PERP
+225.62%
1d avg:+197.27%
Entry Spread Now
+0.516%
Eaten by executionL 0.2004 · S 0.2014+$51.59 if it converges
24h range −0.97%…+2.56% · median +0.09%
Long pays every1hShort pays every1h
LONGmaker0.005%/taker0.035%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
−$54.97
−0.55%
$Avg Daily PnL
+$56.44
+0.5644%
★Best Day
+$32.18
Oct 3
◎Open Interest
⚡Funding APR
+206.02%
annualized · funding only
⚠Execution Cost
−$111.41
entry + exit fees
⏱Payback
2.0d
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 (−$111.41 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.