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updated 1:02:04 PMFunding Arbitrage Backtester
Size$
R-trip cost
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+20.68%
1d Period Avg+38.54%
LONG Variational · now
−9.73%
1d avg:−13.71%
SHORT Toobit · nowASTER-SWAP-USDT
+10.96%
1d avg:+24.83%
Entry Spread Now
+0.080%
In your favorL ask 0.6288 · S bid 0.6293+$7.95 at entry
24h range −0.06%…+0.40% · median +0.09%
Long pays every4hShort pays every4h
LONGmaker0%/taker0%SHORTmaker0.020%/taker0.060%
Loading Funding History…
↗Total PnL
−$11.42
−0.11%
$Avg Daily PnL
+$5.55
+0.0555%
★Best Day
+$6.63
Jul 20
◎Open Interest
Variational$1.70M
Toobit$77.0K⚡Funding APR
+20.24%
annualized · funding only
⚠Execution Cost
−$22.51
entry + exit fees
⏱Payback
4.1d
to break even
◧24h Volume
Variational$39.3KToobit$3.94MLoading Cumulative PnL…
How it works: Funding PnL is bucketed daily from real settlement history. Execution Cost = round-trip taker fees + live L2 orderbook slippage on both legs (−$22.51 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.