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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 ~0.5d
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+304.90%
30d Period Avg+113.50%
swing±79.99%
LONG Crypto.com · nowMETUSD-PERP
−150.13%
30d avg:−65.01%
SHORT Backpack · nowMET_USDC_PERP
+154.77%
30d avg:+48.49%
Entry Spread Now
−0.013%
NeutralL 0.2975 · S 0.2975
24h range −0.86%…+0.60% · median −0.00%
Long pays every1hShort pays every1h
LONGmaker0.020%/taker0.050%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
+$890.19
+8.90%
$Avg Daily PnL
+$31.03
+0.3103%
★Best Day
+$56.64
Sep 5
◎Open Interest
⚡Funding APR
+113.27%
annualized · funding only
⚠Execution Cost
−$40.76
entry + exit fees
⏱Payback
1.3d
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 (−$40.76 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.