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updated —Funding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding never covers this cost
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+0.00%
7d Period Avg+19.88%
swing±19.71%
LONG Phemex · now
+0.00%
7d avg:+0.00%
SHORT Aster · now
+0.00%
7d avg:+19.88%
Entry Spread Now
+0.043%
Eaten by executionL 88.8700 · S 88.9085+$4.33 if it converges
24h range −0.29%…+0.45% · median −0.03%
Long pays every4hShort pays every8h
LONGmaker0.010%/taker0.060%SHORTmaker0.010%/taker0.040%
Loading Funding History…
↗Total PnL
+$13.83
+0.14%
$Avg Daily PnL
+$5.44
+0.0544%
★Best Day
+$10.22
Sep 26
◎Open Interest
⚡Funding APR
+19.87%
annualized · funding only
⚠Execution Cost
−$24.27
entry + exit fees
⏱Payback
4.5d
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 (−$24.27 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.