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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 ~63d
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+1.08%
3d Period Avg+2.49%
swing±6.62%
LONG Aster · now
−6.83%
3d avg:−4.42%
SHORT Pionex · nowHYPE_USDT_PERP
−5.75%
3d avg:−1.93%
Entry Spread Now
+0.001%
NeutralL ask 91.1490 · S bid 91.1500
24h range −0.33%…+0.23% · median −0.00%
Long pays every4hShort pays every4h
LONGmaker0.010%/taker0.040%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
−$16.47
−0.16%
$Avg Daily PnL
+$0.71
+0.0071%
★Best Day
+$1.10
Sep 26
◎Open Interest
⚡Funding APR
+2.60%
annualized · funding only
⚠Execution Cost
−$18.61
entry + exit fees
⏱Payback
26.1d
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 + live L2 orderbook slippage on both legs (−$18.61 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.