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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 ~1.7d
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+49.59%
3d Period Avg+15.12%
swing±45.23%
LONG Gate.io · now
+0.00%
3d avg:+16.36%
SHORT RiseX · nowMSTR-PERP
+49.59%
3d avg:+31.48%
Entry Spread Now
+0.087%
Eaten by executionL 161.4400 · S 161.5800+$8.67 if it converges
24h range −0.56%…+0.49% · median −0.02%
Long pays every8hShort pays every1h
LONGmaker-0.010%/taker0.075%SHORTmaker0.010%/taker0.030%
Loading Funding History…
↗Total PnL
−$7.56
−0.08%
$Avg Daily PnL
+$3.98
+0.0398%
★Best Day
+$7.63
Sep 21
◎Open Interest
⚡Funding APR
+14.52%
annualized · funding only
⚠Execution Cost
−$23.47
entry + exit fees
⏱Payback
5.9d
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 (−$23.47 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.