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updated 7:19:43 PMFunding Arbitrage Backtester
Size$
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
−12.40%
3d Period Avg−27.37%
LONG Pionex · nowGPS_USDT_PERP
−17.52%
3d avg:+4.90%
SHORT Variational · now
−29.92%
3d avg:−22.47%
Entry Spread Now
+0.526%
In your favorL 0.01616 · S 0.01625+$52.58 if it converges
24h range −3.78%…+2.55% · median −0.16%
Long pays every4hShort pays every4h
LONGmaker0.020%/taker0.050%SHORTmaker0%/taker0%
Loading Funding History…
↗Total PnL
−$29.49
−0.29%
$Avg Daily PnL
−$4.87
−0.0487%
★Best Day
−$0.50
Aug 14
◎Open Interest
Pionex$163.3K
Variational$23.4K⚡Funding APR
−17.78%
annualized · funding only
⚠Execution Cost
−$10.00
entry + exit fees
⏱Payback
never
to break even
◧24h Volume
Pionex$2.62MVariational$425.7KLoading 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 (−$10.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.