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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 ~0.1d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+313.05%
3d Period Avg+134.18%
swing±156.42%
LONG Lighter · now
+10.52%
3d avg:−19.66%
SHORT Crypto.com · nowCASHCATUSD-PERP
+323.57%
3d avg:+114.52%
Entry Spread Now
+0.255%
In your favorL 0.1689 · S 0.1693+$25.47 if it converges
24h range −0.77%…+1.02% · median +0.10%
Long pays every1hShort pays every1h
LONGmaker0%/taker0%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
+$100.21
+1.00%
$Avg Daily PnL
+$36.74
+0.3674%
★Best Day
+$35.71
Oct 1
◎Open Interest
⚡Funding APR
+134.09%
annualized · funding only
⚠Execution Cost
−$10.00
entry + exit fees
⏱Payback
6.5h
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 (−$10.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.