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updated 9:32:40 PMFunding Arbitrage Backtester
Size$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding covers it in ~0.8d
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+61.21%
1d Period Avg+52.53%
LONG Variational · now
−9.92%
1d avg:−2.46%
SHORT Reya · nowLINKRUSDPERP
+51.29%
1d avg:+50.07%
Entry Spread Now
+0.018%
NeutralL 9.4938 · S 9.4954
24h range −0.21%…+0.23% · median −0.00%
Long pays every8hShort pays every1h
LONGmaker0%/taker0%SHORTmaker0.010%/taker0.030%
Loading Funding History…
↗Total PnL
+$1.37
+0.01%
$Avg Daily PnL
+$7.39
+0.0739%
★Best Day
+$13.31
Aug 17
◎Open Interest
Variational$2.31M
Reya$11.0K⚡Funding APR
+26.98%
annualized · funding only
⚠Execution Cost
−$13.42
entry + exit fees
⏱Payback
1.8d
to break even
◧24h Volume
Variational$480.0KReya$5.9KLoading 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 (−$13.42 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.