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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
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+0.00%
3d Period Avg+46.26%
swing±27.09%
LONG Phemex · now
+10.96%
3d avg:−42.92%
SHORT Aster · now
+10.96%
3d avg:+3.34%
Entry Spread Now
+0.059%
Eaten by executionL 4.5820 · S 4.5847+$5.86 if it converges
24h range −0.27%…+0.69% · median +0.07%
Long pays every4hShort pays every4h
LONGmaker0.010%/taker0.060%SHORTmaker0.010%/taker0.040%
Loading Funding History…
↗Total PnL
+$8.44
+0.08%
$Avg Daily PnL
+$12.67
+0.1267%
★Best Day
+$16.73
Sep 25
◎Open Interest
⚡Funding APR
+46.23%
annualized · funding only
⚠Execution Cost
−$29.56
entry + exit fees
⏱Payback
2.3d
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 (−$29.56 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.