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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 ~13d
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+14.63%
3d Period Avg+13.31%
swing±5.00%
LONG Variational · now
−3.67%
3d avg:−1.68%
SHORT ApeX · now
+10.96%
3d avg:+11.63%
Entry Spread Now
−0.091%
Against youL ask 67.1110 · S bid 67.0500−$9.09 at entry
24h range +0.02%…+0.60% · median +0.28%
Long pays every8hShort pays every1h
LONGmaker0%/taker0%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
−$40.36
−0.40%
$Avg Daily PnL
+$3.98
+0.0398%
★Best Day
+$4.28
Sep 30
◎Open Interest
⚡Funding APR
+14.54%
annualized · funding only
⚠Execution Cost
−$52.31
entry + exit fees
⏱Payback
13.1d
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 + live L2 orderbook slippage on both legs (−$52.31 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.