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updated —Funding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+29.11%
7d Period Avg+10.01%
swing±11.81%
LONG Variational · now
−18.59%
7d avg:+0.51%
SHORT Lighter · now
+10.52%
7d avg:+10.52%
Entry Spread Now
+0.017%
NeutralL 2.3822 · S 2.3826
24h range −0.41%…+1.65% · median +0.17%
Long pays every8hShort pays every1h
LONGmaker0%/taker0%SHORTmaker0%/taker0%
Loading Funding History…
↗Total PnL
+$19.85
+0.20%
$Avg Daily PnL
+$2.84
+0.0284%
★Best Day
+$6.62
Sep 28
◎Open Interest
⚡Funding APR
+10.35%
annualized · funding only
⚠Execution Cost
+$0.00
entry + exit fees
⏱Payback
never
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 (+$0.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.