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updated 10:32:54 AMFunding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding covers it in ~1.9d
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+49.97%
3d Period Avg+18.96%
swing±39.84%
LONG Hibachi · nowETH/USDT-P
−49.97%
3d avg:−10.89%
SHORT Perpl · now
+0.00%
3d avg:+8.07%
Entry Spread Now
+0.079%
In your favorL ask 2,430.13 · S bid 2,432.06+$7.94 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
−$9.99
−0.10%
$Avg Daily PnL
+$3.95
+0.0395%
★Best Day
+$8.71
Sep 16
◎Open Interest
Hibachi$270.2K
Perpl$264.5K⚡Funding APR
+14.42%
annualized · funding only
⚠Execution Cost
−$25.79
entry + exit fees
⏱Payback
6.5d
to break even
◧24h Volume
Hibachi$2.14MPerpl$2.79MLoading 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 (−$25.79 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.