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updated 3:34:47 PMFunding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding covers it in ~1.7d
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+40.24%
1d Period Avg+27.26%
swing±17.69%
LONG Hibachi · nowETH/USDT-P
−17.53%
1d avg:−10.45%
SHORT Reya · nowETHRUSDPERP
+22.71%
1d avg:+16.81%
Entry Spread Now
−0.047%
Eaten by executionL 2,506.96 · S 2,505.78−$4.72 if it converges
24h range −0.10%…+0.09% · median −0.05%
Long pays every1hShort pays every1h
LONGmaker0%/taker0.045%SHORTmaker0.010%/taker0.030%
Loading Funding History…
↗Total PnL
−$11.64
−0.12%
$Avg Daily PnL
+$3.73
+0.0373%
★Best Day
+$6.67
Sep 14
◎Open Interest
Hibachi$219.4K
Reya$3.34M⚡Funding APR
+13.62%
annualized · funding only
⚠Execution Cost
−$19.10
entry + exit fees
⏱Payback
5.1d
to break even
◧24h Volume
Hibachi$805.1KReya$623.8KLoading 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 (−$19.10 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.