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updated —Funding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding covers it in ~1.1d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+64.39%
30d Period Avg+63.98%
swing±77.64%
LONG ApeX · now
+10.96%
30d avg:+9.51%
SHORT Crypto.com · nowPENGUUSD-PERP
+75.35%
30d avg:+73.49%
Entry Spread Now
+0.031%
Eaten by executionL 0.009634 · S 0.009637+$3.11 if it converges
24h range −1.37%…+0.72% · median +0.09%
Long pays every1hShort pays every1h
LONGmaker0.020%/taker0.050%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
+$504.64
+5.05%
$Avg Daily PnL
+$17.49
+0.1749%
★Best Day
+$44.21
Sep 29
◎Open Interest
⚡Funding APR
+63.83%
annualized · funding only
⚠Execution Cost
−$20.00
entry + exit fees
⏱Payback
1.1d
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 (−$20.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.