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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 ~0.4d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+73.76%
3d Period Avg−14.68%
swing±44.65%
LONG Lighter · now
+10.52%
3d avg:+46.75%
SHORT Aster · now
+84.28%
3d avg:+32.07%
Entry Spread Now
+0.001%
NeutralL 1.4090 · S 1.4090
24h range −0.73%…+0.37% · median +0.03%
Long pays every1hShort pays every4h
LONGmaker0%/taker0%SHORTmaker0.010%/taker0.040%
Loading Funding History…
↗Total PnL
−$18.40
−0.18%
$Avg Daily PnL
−$2.60
−0.0260%
★Best Day
+$4.46
Sep 24
◎Open Interest
⚡Funding APR
−9.49%
annualized · funding only
⚠Execution Cost
−$8.00
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 + fees only (orderbook snapshot stale) on both legs (−$8.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.