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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
−33.88%
3d Period Avg−31.30%
swing±16.78%
LONG Variational · nowUKOILP
+0.00%
3d avg:+0.00%
SHORT Aftermath · now
−33.88%
3d avg:−31.30%
Entry Spread Now
+0.862%
In your favorL ask 101.3720 · S bid 102.2459+$86.21 at entry
24h range +0.11%…+1.99% · median +0.85%
Long pays every4hShort pays every1h
LONGmaker0%/taker0%SHORTmaker-0.005%/taker0.045%
Loading Funding History…
↗Total PnL
−$56.67
−0.57%
$Avg Daily PnL
−$8.52
−0.0852%
★Best Day
−$1.17
Sep 29
◎Open Interest
⚡Funding APR
−31.09%
annualized · funding only
⚠Execution Cost
−$31.12
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 + live L2 orderbook slippage on both legs (−$31.12 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.