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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
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
−28.16%
3d Period Avg+1.64%
swing±15.14%
LONG grvt · nowHOOD_USDT_Perp
+29.04%
3d avg:+3.03%
SHORT Lighter · now
+0.88%
3d avg:+4.67%
Entry Spread Now
−0.020%
Eaten by executionL 119.3500 · S 119.3260−$2.01 if it converges
24h range −0.12%…+0.32% · median −0.03%
Long pays every8hShort pays every1h
LONGmaker0.010%/taker0.050%SHORTmaker0%/taker0%
Loading Funding History…
↗Total PnL
−$22.53
−0.23%
$Avg Daily PnL
+$0.60
+0.0060%
★Best Day
+$2.25
Sep 25
◎Open Interest
⚡Funding APR
+2.19%
annualized · funding only
⚠Execution Cost
−$24.33
entry + exit fees
⏱Payback
1.4mo
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 (−$24.33 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.