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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
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
−1.99%
3d Period Avg+0.45%
swing±2.19%
LONG Variational · now
+1.99%
3d avg:+0.22%
SHORT Bitget · now
+0.00%
3d avg:+0.67%
Entry Spread Now
−0.018%
NeutralL 19.1214 · S 19.1180
24h range −0.14%…+0.22% · median +0.02%
Long pays every8hShort pays every8h
LONGmaker0%/taker0%SHORTmaker0.020%/taker0.060%
Loading Funding History…
↗Total PnL
−$11.63
−0.12%
$Avg Daily PnL
+$0.12
+0.0012%
★Best Day
+$0.55
Sep 30
◎Open Interest
⚡Funding APR
+0.45%
annualized · funding only
⚠Execution Cost
−$12.00
entry + exit fees
⏱Payback
3.3mo
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 (−$12.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.