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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
−87.92%
3d Period Avg−47.12%
swing±58.48%
LONG CoinW · now
+10.96%
3d avg:+10.96%
SHORT Crypto.com · nowMEGAUSD-PERP
−76.97%
3d avg:−36.16%
Entry Spread Now
−0.023%
Eaten by executionL 0.04380 · S 0.04379−$2.28 if it converges
24h range −0.48%…+0.23% · median −0.02%
Long pays every4hShort pays every1h
LONGmaker0.020%/taker0.060%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
−$58.40
−0.58%
$Avg Daily PnL
−$12.13
−0.1213%
★Best Day
+$7.39
Sep 25
◎Open Interest
⚡Funding APR
−44.28%
annualized · funding only
⚠Execution Cost
−$22.00
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 (−$22.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.