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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 ~75d
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+6.18%
3d Period Avg+27.80%
swing±22.18%
LONG QFEX · now
−6.36%
3d avg:−1.59%
SHORT Paragon · nowpara:CRDO
−0.19%
3d avg:+26.21%
Entry Spread Now
−0.440%
Eaten by executionL 209.2500 · S 208.3300−$43.97 if it converges
24h range −0.31%…+1.30% · median +0.00%
Long pays every1hShort pays every1h
LONGmaker0.050%/taker0.100%SHORTmaker0.030%/taker0.090%
Loading Funding History…
↗Total PnL
−$103.76
−1.04%
$Avg Daily PnL
+$7.61
+0.0761%
★Best Day
+$10.83
Sep 30
◎Open Interest
⚡Funding APR
+27.78%
annualized · funding only
⚠Execution Cost
−$126.60
entry + exit fees
⏱Payback
16.6d
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 (−$126.60 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.