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updated 7:46:34 AMFunding Arbitrage Backtester
Size$
R-trip cost
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+47.20%
1d Period Avg+39.79%
LONG Extended · now
−34.19%
1d avg:−28.93%
SHORT Hotcoin · now
+13.01%
1d avg:+10.86%
Entry Spread Now
+0.150%
Eaten by executionL 209.4849 · S 209.8000+$15.04 if it converges
24h range −0.04%…+0.30% · median +0.11%
Long pays every1hShort pays every8h
LONGmaker0%/taker0.025%SHORTmaker0.020%/taker0.060%
Loading Funding History…
↗Total PnL
−$21.45
−0.21%
$Avg Daily PnL
+$6.15
+0.0615%
★Best Day
+$7.49
Aug 2
◎Open Interest
⚡Funding APR
+22.45%
annualized · funding only
⚠Execution Cost
−$33.75
entry + exit fees
⏱Payback
5.5d
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 (−$33.75 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.