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updated —DOGE Funding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding covers it in ~3.2d
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+27.66%
7d Period Avg+5.99%
swing±7.08%
LONG Phemex · now
−16.70%
7d avg:+4.87%
SHORT Variational · now
+10.96%
7d avg:+10.86%
Entry Spread Now
−0.159%
Against youL ask 0.06297 · S bid 0.06287−$15.88 at entry
24h range −0.54%…+0.28% · median −0.10%
Long pays every8hShort pays every8h
LONGmaker0.010%/taker0.060%SHORTmaker0%/taker0%
Loading Funding History…
↗Total PnL
−$13.03
−0.13%
$Avg Daily PnL
+$1.64
+0.0164%
★Best Day
+$2.52
Nov 12
◎Open Interest
Phemex$66.07M
Variational$938.9K⚡Funding APR
+5.98%
annualized · funding only
⚠Execution Cost
−$24.50
entry + exit fees
⏱Payback
14.9d
to break even
◧24h Volume
Phemex$9.02MVariational$643.2KLoading 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 (−$24.50 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.