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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
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
−0.50%
3d Period Avg+0.84%
swing±12.67%
LONG NADO · nowMU-PERP
+0.50%
3d avg:+11.09%
SHORT CoinW · now
+0.00%
3d avg:+11.93%
Entry Spread Now
−0.007%
NeutralL 1,070.17 · S 1,070.09
24h range −0.21%…+0.17% · median +0.05%
Long pays every1hShort pays every8h
LONGmaker0.010%/taker0.035%SHORTmaker0.020%/taker0.060%
Loading Funding History…
↗Total PnL
−$20.69
−0.21%
$Avg Daily PnL
+$0.08
+0.0008%
★Best Day
+$3.82
Sep 23
◎Open Interest
⚡Funding APR
+0.31%
annualized · funding only
⚠Execution Cost
−$21.03
entry + exit fees
⏱Payback
8.4mo
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 (−$21.03 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.