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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
+0.00%
30d Period Avg+5.47%
swing±19.51%
LONG ApeX · now
+10.96%
30d avg:+2.08%
SHORT Polymarket · now
+10.96%
30d avg:+7.55%
Entry Spread Now
−0.117%
Eaten by executionL 2.3853 · S 2.3825−$11.74 if it converges
24h range −0.50%…+0.84% · median +0.06%
Long pays every1hShort pays every1h
LONGmaker0.020%/taker0.050%SHORTmaker0.013%/taker0.040%
Limited funding history — chart clipped to available data
- Polymarket (Short): data starts Sep 10, 2026 (21d available out of 30d requested)
KPIs (Total PnL, APR, Win Rate) calculated only over the available data range.
Loading Funding History…
↗Total PnL
−$16.73
−0.17%
$Avg Daily PnL
+$0.58
+0.0058%
★Best Day
+$5.53
Sep 28
◎Open Interest
⚡Funding APR
+2.12%
annualized · funding only
⚠Execution Cost
−$34.17
entry + exit fees
⏱Payback
2.0mo
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 (−$34.17 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.