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updated 11:33:20 PMFunding 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
+24.02%
1d Period Avg+26.57%
swing±6.62%
LONG Phoenix · now
+0.09%
1d avg:+0.39%
SHORT BloFin · now
+24.11%
1d avg:+26.96%
Entry Spread Now
−0.268%
Against youL 12.2960 · S 12.2630−$26.84 if it converges
24h range −1.28%…+2.10% · median +0.07%
Long pays every1hShort pays every8h
LONGmaker0.005%/taker0.035%SHORTmaker0.020%/taker0.060%
Loading Funding History…
↗Total PnL
−$16.92
−0.17%
$Avg Daily PnL
+$6.16
+0.0616%
★Best Day
+$6.16
Sep 18
◎Open Interest
Phoenix$17.6K
BloFin$5.54M⚡Funding APR
+22.47%
annualized · funding only
⚠Execution Cost
−$23.08
entry + exit fees
⏱Payback
3.8d
to break even
◧24h Volume
Phoenix—BloFin$7.53MLoading 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 (−$23.08 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.