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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 ~4.2d
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+33.35%
3d Period Avg+9.14%
swing±11.91%
LONG Phoenix · now
−22.39%
3d avg:+1.41%
SHORT ApeX · now
+10.96%
3d avg:+10.55%
Entry Spread Now
−0.210%
Against youL 5.0115 · S 5.0010−$20.95 if it converges
24h range −2.41%…+4.16% · median −0.00%
Long pays every1hShort pays every1h
LONGmaker0.005%/taker0.035%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
−$31.08
−0.31%
$Avg Daily PnL
+$2.46
+0.0246%
★Best Day
+$3.93
Oct 18
◎Open Interest
⚡Funding APR
+8.98%
annualized · funding only
⚠Execution Cost
−$38.46
entry + exit fees
⏱Payback
15.6d
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 (−$38.46 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.