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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 ~0.6d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+130.73%
3d Period Avg−3.09%
swing±55.50%
LONG Crypto.com · nowLLYUSD-PERP
−36.60%
3d avg:+6.82%
SHORT grvt · nowLLY_USDT_Perp
+94.12%
3d avg:+3.73%
Entry Spread Now
+0.079%
Eaten by executionL 1,158.09 · S 1,159.01+$7.91 if it converges
24h range −0.48%…+1.30% · median +0.14%
Long pays every1hShort pays every8h
LONGmaker0.020%/taker0.050%SHORTmaker0.010%/taker0.050%
Loading Funding History…
↗Total PnL
−$7.82
−0.08%
$Avg Daily PnL
+$4.06
+0.0406%
★Best Day
+$7.51
Oct 1
◎Open Interest
⚡Funding APR
+14.82%
annualized · funding only
⚠Execution Cost
−$20.00
entry + exit fees
⏱Payback
4.9d
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 (−$20.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.