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Funding Arbitrage Backtester

updated 5:27:21 PM
Size$
R-trip cost
Net Funding APR · Now
+28.02%
3d Avg
LONG Backpack
−17.06%
3d:
SHORT Aster
+10.96%
3d:
Long pays every1hShort pays every4h
LONGmaker0.020%/taker0.050%SHORTmaker0.010%/taker0.040%
Loading Funding History
Total PnL
−$11.06
−0.11%
$Avg Daily PnL
+$4.28
+0.0428%
Best Day
+$5.80
May 18
Open Interest
BackpackBackpack$367.1K
AsterAster$114.6K
APR
−10.09%
annualized
Execution Cost
−$28.18
entry + exit fees
Payback
6.6d
to break even
24h Volume
BackpackBackpack$160.5K
AsterAster$119.4K
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 (−$28.18 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.
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