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updated 9:10:00 AMFunding Arbitrage Backtester
Size$
R-trip cost
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+87.25%
3d Period Avg+18.15%
LONG Pacifica · now
−19.75%
3d avg:+6.81%
SHORT Hibachi · nowPAXG/USDT-P
+67.50%
3d avg:+24.96%
Entry Spread Now
+0.011%
In your favorL ask 4,053 · S bid 4,053.46+$1.13 at entry
24h range −0.14%…−0.00% · median −0.05%
Long pays every1hShort pays every1h
LONGmaker0.015%/taker0.040%SHORTmaker0%/taker0.045%
Loading Funding History…
↗Total PnL
−$18.65
−0.19%
$Avg Daily PnL
+$3.83
+0.0383%
★Best Day
+$6.02
Aug 3
◎Open Interest
⚡Funding APR
+13.97%
annualized · funding only
⚠Execution Cost
−$33.96
entry + exit fees
⏱Payback
8.9d
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 (−$33.96 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.