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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
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+0.00%
3d Period Avg+23.56%
swing±27.77%
LONG Phemex · now
+10.96%
3d avg:+10.96%
SHORT Aster · now
+10.96%
3d avg:+34.52%
Entry Spread Now
−0.311%
Against youL 0.1235 · S 0.1231−$31.08 if it converges
24h range −1.26%…+1.64% · median +0.05%
Long pays every4hShort pays every4h
LONGmaker0.010%/taker0.060%SHORTmaker0.010%/taker0.040%
Loading Funding History…
↗Total PnL
−$0.65
−0.01%
$Avg Daily PnL
+$6.45
+0.0645%
★Best Day
+$9.49
Sep 26
◎Open Interest
⚡Funding APR
+23.54%
annualized · funding only
⚠Execution Cost
−$20.00
entry + exit fees
⏱Payback
3.1d
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 + 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.