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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 ~0.5d
ⓘSlippage estimate may be inaccurate (thin orderbook or partial fill)
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+283.59%
1d Period Avg+8.26%
swing±22.37%
LONG Extended · nowXBR-USD
−208.63%
1d avg:+0.55%
SHORT Aftermath · now
+74.96%
1d avg:+8.81%
Entry Spread Now
−0.100%
Against youL ask 106.1550 · S bid 106.0485−$10.03 at entry
24h range −0.64%…+0.14% · median +0.02%
Long pays every1hShort pays every1h
LONGmaker0%/taker0.025%SHORTmaker-0.005%/taker0.045%
Loading Funding History…
↗Total PnL
−$36.92
−0.37%
$Avg Daily PnL
+$5.32
+0.0532%
★Best Day
+$5.32
Oct 18
◎Open Interest
⚡Funding APR
+19.42%
annualized · funding only
⚠Execution Cost
−$42.24
entry + exit fees
⏱Payback
7.9d
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 + live L2 orderbook slippage on both legs (−$42.24 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.