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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 ~1.5d
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+218.82%
30d Period Avg−34.17%
swing±109.79%
LONG Paragon · nowpara:AVGO
−213.81%
30d avg:+39.12%
SHORT Crypto.com · nowAVGOUSD-PERP
+5.01%
30d avg:+4.95%
Entry Spread Now
−0.037%
Eaten by executionL 351.6100 · S 351.4800−$3.70 if it converges
24h range −0.16%…+0.33% · median +0.05%
Long pays every1hShort pays every1h
LONGmaker0.030%/taker0.090%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
−$365.76
−3.66%
$Avg Daily PnL
−$9.27
−0.0927%
★Best Day
+$21.44
Sep 13
◎Open Interest
⚡Funding APR
−33.82%
annualized · funding only
⚠Execution Cost
−$87.78
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 (−$87.78 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.