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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
−38.68%
3d Period Avg+2.70%
swing±82.95%
LONG Paragon · nowpara:AVGO
+43.69%
3d avg:+11.96%
SHORT Crypto.com · nowAVGOUSD-PERP
+5.01%
3d avg:+14.66%
Entry Spread Now
+0.057%
Eaten by executionL 352.7200 · S 352.9200+$5.67 if it converges
24h range −0.16%…+0.33% · median +0.04%
Long pays every1hShort pays every1h
LONGmaker0.030%/taker0.090%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
−$57.25
−0.57%
$Avg Daily PnL
+$1.34
+0.0134%
★Best Day
+$15.32
Sep 25
◎Open Interest
⚡Funding APR
+4.89%
annualized · funding only
⚠Execution Cost
−$61.27
entry + exit fees
⏱Payback
1.5mo
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 (−$61.27 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.