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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 ~0.9d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+120.09%
3d Period Avg+125.88%
swing±54.00%
LONG QFEX · now
−1.75%
3d avg:−1.94%
SHORT Coinbase International · nowOPENAI-PERP
+118.34%
3d avg:+123.94%
Entry Spread Now
+0.766%
In your favorL 1,589.73 · S 1,601.91+$76.63 if it converges
24h range −0.10%…+1.23% · median +0.64%
Long pays every1hShort pays every1h
LONGmaker0.050%/taker0.100%SHORTmaker0.020%/taker0.040%
Loading Funding History…
↗Total PnL
+$72.55
+0.73%
$Avg Daily PnL
+$33.52
+0.3352%
★Best Day
+$36.93
Sep 29
◎Open Interest
⚡Funding APR
+122.34%
annualized · funding only
⚠Execution Cost
−$28.00
entry + exit fees
⏱Payback
20.2h
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 (−$28.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.