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updated 7:44:44 AMFunding Arbitrage Backtester
Size$
R-trip cost
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+71.48%
1d Period Avg+15.37%
LONG Pacifica · now
−7.49%
1d avg:+8.06%
SHORT Hibachi · nowPAXG/USDT-P
+63.99%
1d avg:+23.43%
Entry Spread Now
−0.023%
Against youL ask 4,054 · S bid 4,053.08−$2.27 at entry
24h range −0.14%…−0.00% · median −0.06%
Long pays every1hShort pays every1h
LONGmaker0.015%/taker0.040%SHORTmaker0%/taker0.045%
Loading Funding History…
↗Total PnL
−$28.75
−0.29%
$Avg Daily PnL
+$2.05
+0.0205%
★Best Day
+$4.44
Aug 3
◎Open Interest
⚡Funding APR
+7.49%
annualized · funding only
⚠Execution Cost
−$32.86
entry + exit fees
⏱Payback
16.0d
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 (−$32.86 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.