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updated —Funding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding covers it in ~2.2d
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+149.48%
3d Period Avg+96.99%
swing±57.11%
LONG Phemex · now
+0.00%
3d avg:+0.00%
SHORT Toobit · nowGOOGL-SWAP-USDT
+149.48%
3d avg:+96.99%
Entry Spread Now
−0.121%
Against youL ask 347.7500 · S bid 347.3300−$12.08 at entry
24h range −0.39%…+0.63% · median −0.03%
Long pays every4hShort pays every8h
LONGmaker0.010%/taker0.060%SHORTmaker0.020%/taker0.060%
Loading Funding History…
↗Total PnL
−$10.33
−0.10%
$Avg Daily PnL
+$26.55
+0.2655%
★Best Day
+$29.81
Sep 29
◎Open Interest
⚡Funding APR
+96.92%
annualized · funding only
⚠Execution Cost
−$89.99
entry + exit fees
⏱Payback
3.4d
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 (−$89.99 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.