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updated 9:04:00 PMFunding Arbitrage Backtester
Size$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding covers it in ~43d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+1.02%
3d Period Avg+6.26%
LONG Toobit · nowPENDLE-SWAP-USDT
+9.94%
3d avg:+4.70%
SHORT Variational · now
+10.96%
3d avg:+10.96%
Entry Spread Now
−0.022%
Eaten by executionL 1.3273 · S 1.3270−$2.18 if it converges
24h range −0.84%…+0.45% · median +0.01%
Long pays every8hShort pays every8h
LONGmaker0.020%/taker0.060%SHORTmaker0%/taker0%
Loading Funding History…
↗Total PnL
−$5.86
−0.06%
$Avg Daily PnL
+$1.53
+0.0153%
★Best Day
+$2.73
Aug 17
◎Open Interest
Toobit$129.8K
Variational$449.9K⚡Funding APR
+5.60%
annualized · funding only
⚠Execution Cost
−$12.00
entry + exit fees
⏱Payback
7.8d
to break even
◧24h Volume
Toobit$1.33MVariational$64.4KLoading 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 (−$12.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.