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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 ~4.2d
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+38.87%
3d Period Avg+11.59%
swing±18.28%
LONG Crypto.com · nowMRVLUSD-PERP
−21.99%
3d avg:−4.96%
SHORT NADO · nowMRVL-PERP
+16.89%
3d avg:+6.63%
Entry Spread Now
+0.124%
Eaten by executionL 261.5700 · S 261.8956+$12.45 if it converges
24h range −0.55%…+1.09% · median +0.06%
Long pays every1hShort pays every1h
LONGmaker0.020%/taker0.050%SHORTmaker0.010%/taker0.035%
Loading Funding History…
↗Total PnL
−$35.52
−0.36%
$Avg Daily PnL
+$3.17
+0.0317%
★Best Day
+$3.42
Sep 30
◎Open Interest
⚡Funding APR
+11.58%
annualized · funding only
⚠Execution Cost
−$45.04
entry + exit fees
⏱Payback
14.2d
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 (−$45.04 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.