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updated 12:13:19 AMFunding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding covers it in ~2.3d
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+53.72%
3d Period Avg+27.43%
swing±10.09%
LONG Phoenix · now
+0.00%
3d avg:−3.97%
SHORT RiseX · nowDOGE-PERP
+53.72%
3d avg:+23.46%
Entry Spread Now
+0.030%
In your favorL ask 0.08761 · S bid 0.08764+$2.97 at entry
24h range −0.85%…+2.22% · median +0.01%
Long pays every1hShort pays every1h
LONGmaker0.005%/taker0.035%SHORTmaker0.010%/taker0.030%
Loading Funding History…
↗Total PnL
−$11.83
−0.12%
$Avg Daily PnL
+$5.57
+0.0557%
★Best Day
+$10.03
Sep 18
◎Open Interest
Phoenix$8.3K
RiseX$278.5K⚡Funding APR
+20.34%
annualized · funding only
⚠Execution Cost
−$34.12
entry + exit fees
⏱Payback
6.1d
to break even
◧24h Volume
Phoenix—RiseX$127.3KLoading 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 (−$34.12 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.