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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
−73.34%
30d Period Avg−80.11%
swing±187.27%
LONG Crypto.com · nowNETUSD-PERP
+282.31%
30d avg:+77.97%
SHORT Paragon · nowpara:NET
+208.97%
30d avg:−2.14%
Entry Spread Now
−0.146%
Eaten by executionL 350.1000 · S 349.5900−$14.57 if it converges
24h range −0.24%…+0.44% · median +0.04%
Long pays every1hShort pays every1h
LONGmaker0.020%/taker0.050%SHORTmaker0.030%/taker0.090%
Loading Funding History…
↗Total PnL
−$822.17
−8.22%
$Avg Daily PnL
−$21.09
−0.2109%
★Best Day
+$38.23
Sep 6
◎Open Interest
⚡Funding APR
−76.98%
annualized · funding only
⚠Execution Cost
−$189.49
entry + exit fees
⏱Payback
never
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 (−$189.49 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.