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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
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
−4.12%
3d Period Avg+4.02%
swing±7.03%
LONG Variational · now
+10.96%
3d avg:+10.58%
SHORT BloFin · now
+6.84%
3d avg:+14.60%
Entry Spread Now
+0.388%
In your favorL 1.0068 · S 1.0107+$38.79 if it converges
24h range −0.84%…+0.69% · median +0.05%
Long pays every8hShort pays every8h
LONGmaker0%/taker0%SHORTmaker0.020%/taker0.060%
Loading Funding History…
↗Total PnL
−$8.70
−0.09%
$Avg Daily PnL
+$1.10
+0.0110%
★Best Day
+$1.58
Sep 29
◎Open Interest
⚡Funding APR
+4.01%
annualized · funding only
⚠Execution Cost
−$12.00
entry + exit fees
⏱Payback
10.9d
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 + fees only (orderbook snapshot stale) on both legs (−$12.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.