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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 ~0.6d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+121.02%
3d Period Avg+61.10%
swing±42.71%
LONG Backpack · nowHBAR_USDC_PERP
−76.14%
3d avg:+3.42%
SHORT Crypto.com · nowHBARUSD-PERP
+44.88%
3d avg:+64.52%
Entry Spread Now
+0.062%
Eaten by executionL 0.1050 · S 0.1050+$6.19 if it converges
24h range −0.21%…+0.36% · median +0.02%
Long pays every1hShort pays every1h
LONGmaker0.020%/taker0.050%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
+$30.18
+0.30%
$Avg Daily PnL
+$16.73
+0.1673%
★Best Day
+$19.42
Sep 29
◎Open Interest
⚡Funding APR
+61.05%
annualized · funding only
⚠Execution Cost
−$20.00
entry + exit fees
⏱Payback
1.2d
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 (−$20.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.