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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 ~0.6d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+125.63%
30d Period Avg+5.37%
swing±31.57%
LONG Phoenix · now
+0.05%
30d avg:−3.46%
SHORT Bitget · now
+125.68%
30d avg:+1.91%
Entry Spread Now
−0.974%
Against youL 171.5400 · S 169.8700−$97.35 if it converges
24h range −2.64%…+3.80% · median +0.12%
Long pays every1hShort pays every8h
LONGmaker0.005%/taker0.035%SHORTmaker0.020%/taker0.060%
Loading Funding History…
↗Total PnL
−$1.88
−0.02%
$Avg Daily PnL
+$0.57
+0.0057%
★Best Day
+$11.54
Oct 1
◎Open Interest
⚡Funding APR
+2.08%
annualized · funding only
⚠Execution Cost
−$19.00
entry + exit fees
⏱Payback
1.1mo
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 (−$19.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.