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Funding Arbitrage Backtester

updated 6:46:54 PM
Size$
R-trip cost
Net Funding APR · Now
−1.30%
3d Avg
LONG edgeX
+12.26%
3d:
SHORT Backpack
+10.96%
3d:
Long pays every4hShort pays every1h
LONGmaker0.018%/taker0.038%SHORTmaker0.020%/taker0.050%
Loading Funding History
Total PnL
−$22.59
−0.23%
$Avg Daily PnL
+$0.14
+0.0014%
Best Day
+$2.25
May 15
Open Interest
edgeXedgeX$23.0K
BackpackBackpack$327.7K
APR
−20.61%
annualized
Execution Cost
−$23.14
entry + exit fees
Payback
5.6mo
to break even
24h Volume
edgeXedgeX$222.7K
BackpackBackpack$301.8K
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 (−$23.14 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.
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