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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 ~26d
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+10.95%
3d Period Avg+13.08%
swing±28.72%
LONG Phoenix · now
+0.00%
3d avg:−2.34%
SHORT Pacifica · now
+10.96%
3d avg:+10.74%
Entry Spread Now
−3.315%
Against youL 0.03387 · S 0.03275−$331.53 if it converges
24h range −3.84%…+5.96% · median +0.11%
Long pays every1hShort pays every1h
LONGmaker0.005%/taker0.035%SHORTmaker0.015%/taker0.040%
Loading Funding History…
↗Total PnL
−$67.15
−0.67%
$Avg Daily PnL
+$3.58
+0.0358%
★Best Day
+$4.42
Sep 29
◎Open Interest
⚡Funding APR
+13.06%
annualized · funding only
⚠Execution Cost
−$77.89
entry + exit fees
⏱Payback
21.8d
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 (−$77.89 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.