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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 estimate may be inaccurate (thin orderbook or partial fill)
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+0.00%
3d Period Avg+4.43%
swing±12.50%
LONG Phemex · now
+0.00%
3d avg:+0.00%
SHORT Aster · now
+0.00%
3d avg:+4.43%
Entry Spread Now
−0.218%
Eaten by executionL 161.2500 · S 160.8977−$21.85 if it converges
24h range −0.38%…+0.31% · median −0.02%
Long pays every4hShort pays every8h
LONGmaker0.010%/taker0.060%SHORTmaker0.010%/taker0.040%
Loading Funding History…
↗Total PnL
−$116.19
−1.16%
$Avg Daily PnL
+$1.21
+0.0121%
★Best Day
+$3.64
Sep 26
◎Open Interest
⚡Funding APR
+4.43%
annualized · funding only
⚠Execution Cost
−$119.83
entry + exit fees
⏱Payback
3.3mo
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 (−$119.83 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.