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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 ~2.1d
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+54.35%
7d Period Avg+12.71%
swing±28.64%
LONG Coinbase International · nowMSTR-PERP
−54.35%
7d avg:−2.09%
SHORT Aster · now
+0.00%
7d avg:+10.62%
Entry Spread Now
+0.081%
In your favorL ask 160.6800 · S bid 160.8100+$8.09 at entry
24h range −0.16%…+0.58% · median +0.15%
Long pays every1hShort pays every8h
LONGmaker0.020%/taker0.040%SHORTmaker0.010%/taker0.040%
Loading Funding History…
↗Total PnL
−$6.06
−0.06%
$Avg Daily PnL
+$3.63
+0.0363%
★Best Day
+$8.12
Sep 23
◎Open Interest
⚡Funding APR
+13.24%
annualized · funding only
⚠Execution Cost
−$31.45
entry + exit fees
⏱Payback
8.7d
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 + live L2 orderbook slippage on both legs (−$31.45 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.