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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 ~0.4d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+182.20%
30d Period Avg+113.90%
swing±70.13%
LONG grvt · nowEDGE_USDT_Perp
+5.48%
30d avg:+6.08%
SHORT Toobit · nowEDGEX-SWAP-USDT
+187.68%
30d avg:+119.98%
Entry Spread Now
−15.546%
Against youL 0.6062 · S 0.5120−$1554.58 if it converges
24h range −17.19%…−12.95% · median −14.35%
Long pays every8hShort pays every4h
LONGmaker0.010%/taker0.050%SHORTmaker0.020%/taker0.060%
Loading Funding History…
↗Total PnL
+$913.84
+9.14%
$Avg Daily PnL
+$31.19
+0.3119%
★Best Day
+$60.71
Sep 6
◎Open Interest
⚡Funding APR
+113.86%
annualized · funding only
⚠Execution Cost
−$22.00
entry + exit fees
⏱Payback
17.0h
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 (−$22.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.