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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 ~2.6d
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+30.92%
30d Period Avg+14.89%
swing±30.19%
LONG ApeX · now
−2.87%
30d avg:+3.71%
SHORT Hibachi · nowBTC/USDT-P
+28.05%
30d avg:+18.60%
Entry Spread Now
+0.088%
In your favorL ask 84,359.4 · S bid 84,433.5+$8.78 at entry
24h range −0.03%…+0.24% · median +0.07%
Long pays every1hShort pays every1h
LONGmaker0.020%/taker0.050%SHORTmaker0%/taker0.045%
Loading Funding History…
↗Total PnL
+$99.48
+0.99%
$Avg Daily PnL
+$4.05
+0.0405%
★Best Day
+$25.26
Sep 2
◎Open Interest
⚡Funding APR
+14.77%
annualized · funding only
⚠Execution Cost
−$21.89
entry + exit fees
⏱Payback
5.4d
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 (−$21.89 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.