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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 ~8.9d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+7.37%
3d Period Avg+30.82%
swing±18.12%
LONG WOOFi Pro · nowPERP_CAKE_USDC
+3.11%
3d avg:−10.09%
SHORT BloFin · now
+10.48%
3d avg:+20.73%
Entry Spread Now
+0.004%
NeutralL 2.6299 · S 2.6300
24h range −0.27%…+0.47% · median −0.00%
Long pays every4hShort pays every4h
LONGmaker0%/taker0.030%SHORTmaker0.020%/taker0.060%
Loading Funding History…
↗Total PnL
+$7.32
+0.07%
$Avg Daily PnL
+$8.44
+0.0844%
★Best Day
+$10.68
Sep 30
◎Open Interest
⚡Funding APR
+30.80%
annualized · funding only
⚠Execution Cost
−$18.00
entry + exit fees
⏱Payback
2.1d
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 (−$18.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.