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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 ~4.1d
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+25.54%
7d Period Avg+31.07%
swing±11.94%
LONG Variational · now
−2.51%
7d avg:−8.97%
SHORT BloFin · now
+23.03%
7d avg:+22.10%
Entry Spread Now
−0.118%
Against youL ask 70.9035 · S bid 70.8200−$11.78 at entry
24h range −0.28%…+0.39% · median +0.00%
Long pays every8hShort pays every8h
LONGmaker0%/taker0%SHORTmaker0.020%/taker0.060%
Loading Funding History…
↗Total PnL
+$30.78
+0.31%
$Avg Daily PnL
+$8.51
+0.0851%
★Best Day
+$10.74
Sep 23
◎Open Interest
⚡Funding APR
+31.05%
annualized · funding only
⚠Execution Cost
−$28.76
entry + exit fees
⏱Payback
3.4d
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 (−$28.76 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.