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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 ~2.7d
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+152.71%
3d Period Avg+102.09%
swing±50.39%
LONG Phemex · now
−29.53%
3d avg:+4.19%
SHORT Crypto.com · nowNEARUSD-PERP
+123.19%
3d avg:+106.28%
Entry Spread Now
−0.006%
Against youL ask 4.9320 · S bid 4.9317−$0.61 at entry
24h range −1.87%…+0.49% · median +0.07%
Long pays every8hShort pays every1h
LONGmaker0.010%/taker0.060%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
−$25.01
−0.25%
$Avg Daily PnL
+$29.23
+0.2923%
★Best Day
+$32.22
Sep 29
◎Open Interest
⚡Funding APR
+106.68%
annualized · funding only
⚠Execution Cost
−$112.69
entry + exit fees
⏱Payback
3.9d
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 (−$112.69 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.