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updated 9:13:59 AMFunding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding covers it in ~2.0d
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+78.73%
1d Period Avg+48.52%
swing±48.32%
LONG Hibachi · nowETH/USDT-P
−29.80%
1d avg:−25.97%
SHORT Perpl · now
+48.93%
1d avg:+22.55%
Entry Spread Now
−0.026%
Against youL ask 2,446.46 · S bid 2,445.83−$2.58 at entry
24h range −0.14%…+0.28% · median +0.00%
Long pays every1hShort pays every1h
LONGmaker0%/taker0.045%SHORTmaker0.050%/taker0.088%
Loading Funding History…
↗Total PnL
−$30.61
−0.31%
$Avg Daily PnL
+$6.71
+0.0671%
★Best Day
+$7.60
Sep 16
◎Open Interest
Hibachi$278.0K
Perpl$270.3K⚡Funding APR
+24.47%
annualized · funding only
⚠Execution Cost
−$44.02
entry + exit fees
⏱Payback
6.6d
to break even
◧24h Volume
Hibachi$2.28MPerpl$2.78MLoading 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 (−$44.02 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.