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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 ~9.3d
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+41.42%
3d Period Avg−114.25%
swing±123.81%
LONG Crypto.com · nowCIENUSD-PERP
−34.85%
3d avg:+112.08%
SHORT Paragon · nowpara:CIEN
+6.57%
3d avg:−2.17%
Entry Spread Now
−0.117%
Eaten by executionL 358.1600 · S 357.7392−$11.75 if it converges
24h range −0.43%…+0.26% · median −0.06%
Long pays every1hShort pays every1h
LONGmaker0.020%/taker0.050%SHORTmaker0.030%/taker0.090%
Loading Funding History…
↗Total PnL
−$199.61
−2.00%
$Avg Daily PnL
−$31.28
−0.3128%
★Best Day
−$6.34
Sep 29
◎Open Interest
⚡Funding APR
−114.17%
annualized · funding only
⚠Execution Cost
−$105.77
entry + exit fees
⏱Payback
never
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 (−$105.77 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.