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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 ~2.2d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+29.45%
1d Period Avg+86.84%
swing±105.67%
LONG Aftermath · now
−29.45%
1d avg:−73.03%
SHORT Decibel · now
+0.00%
1d avg:+13.81%
Entry Spread Now
−0.043%
Eaten by executionL 875.8735 · S 875.5000−$4.26 if it converges
24h range −0.36%…+0.14% · median −0.05%
Long pays every1hShort pays every1h
LONGmaker-0.005%/taker0.045%SHORTmaker0.015%/taker0.045%
Loading Funding History…
↗Total PnL
+$9.01
+0.09%
$Avg Daily PnL
+$27.01
+0.2701%
★Best Day
+$27.01
Oct 18
◎Open Interest
⚡Funding APR
+98.58%
annualized · funding only
⚠Execution Cost
−$18.00
entry + exit fees
⏱Payback
16.1h
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 (−$18.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.