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updated —Funding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding never covers this cost
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
−14.90%
3d Period Avg−5.84%
swing±8.55%
LONG grvt · nowEWY_USDT_Perp
+0.00%
3d avg:+0.24%
SHORT Coinbase International · nowEWY-PERP
−14.90%
3d avg:−5.60%
Entry Spread Now
−0.123%
Against youL ask 187.3200 · S bid 187.0900−$12.28 at entry
24h range −0.21%…−0.01% · median −0.07%
Long pays every8hShort pays every1h
LONGmaker0.010%/taker0.050%SHORTmaker0.020%/taker0.040%
Loading Funding History…
↗Total PnL
−$35.82
−0.36%
$Avg Daily PnL
−$1.45
−0.0145%
★Best Day
−$0.08
Sep 25
◎Open Interest
⚡Funding APR
−5.29%
annualized · funding only
⚠Execution Cost
−$31.47
entry + exit fees
⏱Payback
never
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 + live L2 orderbook slippage on both legs (−$31.47 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.