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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 ~3.5d
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+11.03%
7d Period Avg+11.42%
swing±13.55%
LONG Aster · now
−6.44%
7d avg:−3.13%
SHORT Variational · now
+4.58%
7d avg:+8.29%
Entry Spread Now
+0.014%
In your favorL ask 91.5160 · S bid 91.5288+$1.40 at entry
24h range −0.30%…+0.20% · median −0.02%
Long pays every4hShort pays every8h
LONGmaker0.010%/taker0.040%SHORTmaker0%/taker0%
Loading Funding History…
↗Total PnL
+$10.18
+0.10%
$Avg Daily PnL
+$2.98
+0.0298%
★Best Day
+$4.98
Sep 23
◎Open Interest
⚡Funding APR
+10.87%
annualized · funding only
⚠Execution Cost
−$10.67
entry + exit fees
⏱Payback
3.6d
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 + live L2 orderbook slippage on both legs (−$10.67 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.