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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 ~11d
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+19.06%
7d Period Avg+23.02%
swing±23.18%
LONG Aster · now
+10.96%
7d avg:+10.49%
SHORT Phemex · now
+30.01%
7d avg:+33.51%
Entry Spread Now
+0.141%
Eaten by executionL 1.2602 · S 1.2620+$14.14 if it converges
24h range −0.56%…+0.39% · median +0.16%
Long pays every8hShort pays every8h
LONGmaker0.010%/taker0.040%SHORTmaker0.010%/taker0.060%
Loading Funding History…
↗Total PnL
−$8.76
−0.09%
$Avg Daily PnL
+$6.79
+0.0679%
★Best Day
+$16.63
Sep 26
◎Open Interest
⚡Funding APR
+24.80%
annualized · funding only
⚠Execution Cost
−$56.32
entry + exit fees
⏱Payback
8.3d
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 (−$56.32 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.