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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
+178.30%
3d Period Avg+106.81%
swing±198.75%
LONG Crypto.com · nowETCUSD-PERP
−25.77%
3d avg:−42.82%
SHORT Coinbase International · nowETC-PERP
+152.53%
3d avg:+63.99%
Entry Spread Now
+0.056%
Eaten by executionL 9.0070 · S 9.0120+$5.55 if it converges
24h range −3.00%…+5.03% · median +0.58%
Long pays every1hShort pays every1h
LONGmaker0.020%/taker0.050%SHORTmaker0.020%/taker0.040%
Loading Funding History…
↗Total PnL
+$62.42
+0.62%
$Avg Daily PnL
+$26.81
+0.2681%
★Best Day
+$34.41
Sep 29
◎Open Interest
⚡Funding APR
+97.84%
annualized · funding only
⚠Execution Cost
−$18.00
entry + exit fees
⏱Payback
16.1h
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 (−$18.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.