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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
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+26.30%
7d Period Avg+25.11%
swing±7.58%
LONG Variational · now
+10.96%
7d avg:+10.36%
SHORT BloFin · now
+37.26%
7d avg:+35.47%
Entry Spread Now
−0.017%
NeutralL 0.5945 · S 0.5944
24h range −0.79%…+0.99% · median +0.02%
Long pays every4hShort pays every4h
LONGmaker0%/taker0%SHORTmaker0.020%/taker0.060%
Loading Funding History…
↗Total PnL
+$36.12
+0.36%
$Avg Daily PnL
+$6.87
+0.0687%
★Best Day
+$7.84
Sep 26
◎Open Interest
⚡Funding APR
+25.09%
annualized · funding only
⚠Execution Cost
−$12.00
entry + exit fees
⏱Payback
1.8d
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 (−$12.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.