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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 ~1.7d
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+52.95%
7d Period Avg+34.84%
swing±40.42%
LONG Phemex · now
+0.00%
7d avg:+0.00%
SHORT Arcus · now
+52.95%
7d avg:+34.84%
Entry Spread Now
−0.081%
Eaten by executionL 111.1900 · S 111.1000−$8.09 if it converges
24h range −0.37%…+0.46% · median −0.07%
Long pays every8hShort pays every1h
LONGmaker0.010%/taker0.060%SHORTmaker0%/taker0.022%
Loading Funding History…
↗Total PnL
+$42.56
+0.43%
$Avg Daily PnL
+$9.58
+0.0958%
★Best Day
+$18.12
Sep 25
◎Open Interest
⚡Funding APR
+34.98%
annualized · funding only
⚠Execution Cost
−$24.53
entry + exit fees
⏱Payback
2.6d
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 (−$24.53 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.