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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 ~0.4d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+197.83%
30d Period Avg+138.30%
swing±138.10%
LONG LBank · now
−63.68%
30d avg:+6.44%
SHORT Crypto.com · nowIOUSD-PERP
+134.15%
30d avg:+144.74%
Entry Spread Now
−0.065%
Eaten by executionL 0.1540 · S 0.1539−$6.49 if it converges
24h range −0.32%…+0.66% · median +0.13%
Long pays every4hShort pays every1h
LONGmaker0.020%/taker0.060%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
+$1101.44
+11.01%
$Avg Daily PnL
+$37.45
+0.3745%
★Best Day
+$88.60
Sep 18
◎Open Interest
⚡Funding APR
+136.68%
annualized · funding only
⚠Execution Cost
−$22.00
entry + exit fees
⏱Payback
14.2h
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 (−$22.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.