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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
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+0.00%
30d Period Avg+3.09%
swing±7.13%
LONG PopDEX · now
+10.96%
30d avg:+3.88%
SHORT Bitget · now
+10.96%
30d avg:+6.97%
Entry Spread Now
+0.005%
NeutralL 2.0348 · S 2.0349
24h range −0.10%…+0.06% · median −0.00%
Long pays every1hShort pays every8h
LONGmaker0.010%/taker0.032%SHORTmaker0.020%/taker0.060%
Loading Funding History…
↗Total PnL
+$11.56
+0.12%
$Avg Daily PnL
+$0.97
+0.0097%
★Best Day
+$4.82
Aug 28
◎Open Interest
⚡Funding APR
+3.53%
annualized · funding only
⚠Execution Cost
−$18.40
entry + exit fees
⏱Payback
19.0d
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 (−$18.40 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.