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updated 10:55:36 PMFunding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding covers it in ~2.6d
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+46.46%
1d Period Avg+36.47%
swing±8.72%
LONG Phoenix · now
+0.00%
1d avg:−0.07%
SHORT RiseX · nowDOGE-PERP
+46.46%
1d avg:+36.40%
Entry Spread Now
−0.031%
Against youL ask 0.08814 · S bid 0.08811−$3.06 at entry
24h range −0.85%…+2.22% · median +0.05%
Long pays every1hShort pays every1h
LONGmaker0.005%/taker0.035%SHORTmaker0.010%/taker0.030%
Loading Funding History…
↗Total PnL
−$23.25
−0.23%
$Avg Daily PnL
+$4.87
+0.0487%
★Best Day
+$9.46
Sep 18
◎Open Interest
Phoenix$8.3K
RiseX$281.3K⚡Funding APR
+17.78%
annualized · funding only
⚠Execution Cost
−$33.00
entry + exit fees
⏱Payback
6.8d
to break even
◧24h Volume
Phoenix—RiseX$133.9KLoading Cumulative PnL…
How it works: Funding PnL is bucketed daily from real settlement history. Execution Cost = round-trip taker fees + live L2 orderbook slippage on both legs (−$33.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.