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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 ~4.4d
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+94.99%
30d Period Avg−58.35%
swing±116.37%
LONG Crypto.com · nowCIENUSD-PERP
−34.85%
30d avg:+66.95%
SHORT Paragon · nowpara:CIEN
+60.14%
30d avg:+8.60%
Entry Spread Now
−0.052%
Eaten by executionL 357.3400 · S 357.1550−$5.18 if it converges
24h range −0.43%…+0.26% · median −0.08%
Long pays every1hShort pays every1h
LONGmaker0.020%/taker0.050%SHORTmaker0.030%/taker0.090%
Loading Funding History…
↗Total PnL
−$594.61
−5.95%
$Avg Daily PnL
−$16.01
−0.1601%
★Best Day
+$27.11
Sep 12
◎Open Interest
⚡Funding APR
−58.42%
annualized · funding only
⚠Execution Cost
−$114.41
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 (−$114.41 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.