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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
−25.74%
3d Period Avg+6.39%
swing±35.77%
LONG Perpl · now
+36.69%
3d avg:+4.65%
SHORT Arcus · now
+10.96%
3d avg:+11.04%
Entry Spread Now
+0.003%
NeutralL ask 83,692.3 · S bid 83,694.8
24h range −0.08%…+0.09% · median +0.01%
Long pays every1hShort pays every1h
LONGmaker0.050%/taker0.088%SHORTmaker0%/taker0.022%
Loading Funding History…
↗Total PnL
−$11.91
−0.12%
$Avg Daily PnL
+$1.79
+0.0179%
★Best Day
+$8.07
Sep 29
◎Open Interest
⚡Funding APR
+6.53%
annualized · funding only
⚠Execution Cost
−$17.28
entry + exit fees
⏱Payback
9.7d
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 (−$17.28 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.