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updated —Funding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+14.90%
3d Period Avg+18.09%
swing±3.28%
LONG Variational · now
−1.75%
3d avg:−7.15%
SHORT Lighter · now
+13.15%
3d avg:+10.94%
Entry Spread Now
+0.003%
NeutralL 70.5458 · S 70.5480
24h range −0.13%…+0.53% · median +0.15%
Long pays every8hShort pays every1h
LONGmaker0%/taker0%SHORTmaker0%/taker0%
Loading Funding History…
↗Total PnL
+$14.39
+0.14%
$Avg Daily PnL
+$4.80
+0.0480%
★Best Day
+$5.07
Sep 26
◎Open Interest
⚡Funding APR
+17.51%
annualized · funding only
⚠Execution Cost
+$0.00
entry + exit fees
⏱Payback
never
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 (+$0.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.