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updated —Funding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding never covers this cost
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
−97.36%
3d Period Avg−62.89%
swing±69.10%
LONG Variational · now
+108.31%
3d avg:+73.85%
SHORT Bitget · now
+10.96%
3d avg:+10.96%
Entry Spread Now
−0.079%
Against youL 0.1638 · S 0.1637−$7.93 if it converges
24h range −0.37%…+0.13% · median −0.07%
Long pays every4hShort pays every4h
LONGmaker0%/taker0%SHORTmaker0.020%/taker0.060%
Loading Funding History…
↗Total PnL
−$63.66
−0.64%
$Avg Daily PnL
−$17.22
−0.1722%
★Best Day
+$0.00
Sep 28
◎Open Interest
⚡Funding APR
−62.85%
annualized · funding only
⚠Execution Cost
−$12.00
entry + exit fees
⏱Payback
never
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.