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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 ~0.5d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+161.84%
30d Period Avg−5.78%
swing±28.98%
LONG Coinbase International · nowARM-PERP
−50.84%
30d avg:+9.69%
SHORT Bitget · now
+111.00%
30d avg:+3.91%
Entry Spread Now
+0.368%
In your favorL 296.0300 · S 297.1200+$36.82 if it converges
24h range −0.46%…+1.42% · median +0.19%
Long pays every1hShort pays every8h
LONGmaker0.020%/taker0.040%SHORTmaker0.020%/taker0.060%
Loading Funding History…
↗Total PnL
−$73.18
−0.73%
$Avg Daily PnL
−$1.77
−0.0177%
★Best Day
+$10.02
Sep 18
◎Open Interest
⚡Funding APR
−6.47%
annualized · funding only
⚠Execution Cost
−$20.00
entry + exit fees
⏱Payback
never
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 (−$20.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.