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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
−46.55%
3d Period Avg+19.06%
swing±20.91%
LONG Variational · now
+0.00%
3d avg:+9.73%
SHORT Crypto.com · nowMUUSD-PERP
−46.55%
3d avg:+28.79%
Entry Spread Now
−0.005%
NeutralL 1,092.74 · S 1,092.68
24h range −0.47%…+0.34% · median −0.05%
Long pays every8hShort pays every1h
LONGmaker0%/taker0%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
−$6.77
−0.07%
$Avg Daily PnL
+$5.22
+0.0522%
★Best Day
+$6.22
Sep 29
◎Open Interest
⚡Funding APR
+19.05%
annualized · funding only
⚠Execution Cost
−$22.43
entry + exit fees
⏱Payback
4.3d
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 (−$22.43 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.