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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 ~2.0d
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+225.70%
3d Period Avg+144.09%
swing±56.40%
LONG Phoenix · now
−0.09%
3d avg:−10.77%
SHORT Crypto.com · nowARBUSD-PERP
+225.62%
3d avg:+133.32%
Entry Spread Now
−0.336%
Eaten by executionL 0.2015 · S 0.2008−$33.65 if it converges
24h range −0.97%…+1.42% · median +0.09%
Long pays every1hShort pays every1h
LONGmaker0.005%/taker0.035%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
−$7.29
−0.07%
$Avg Daily PnL
+$39.37
+0.3937%
★Best Day
+$49.38
Oct 3
◎Open Interest
⚡Funding APR
+143.69%
annualized · funding only
⚠Execution Cost
−$125.39
entry + exit fees
⏱Payback
3.2d
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 (−$125.39 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.