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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
−1.38%
3d Period Avg−30.70%
swing±58.85%
LONG Bitget · now
+10.96%
3d avg:+5.03%
SHORT Crypto.com · nowMORPHOUSD-PERP
+9.58%
3d avg:−25.67%
Entry Spread Now
−0.103%
Eaten by executionL 2.7116 · S 2.7088−$10.33 if it converges
24h range −0.43%…+0.45% · median −0.06%
Long pays every4hShort pays every1h
LONGmaker0.020%/taker0.060%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
−$47.22
−0.47%
$Avg Daily PnL
−$8.41
−0.0841%
★Best Day
−$0.80
Sep 26
◎Open Interest
⚡Funding APR
−30.68%
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.