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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 ~0.9d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+67.19%
7d Period Avg+88.99%
swing±12.84%
LONG MEXC · now
+12.93%
7d avg:+18.07%
SHORT Toobit · nowPIEVERSE-SWAP-USDT
+80.12%
7d avg:+107.06%
Entry Spread Now
−0.008%
NeutralL 1.2944 · S 1.2943
24h range −0.26%…+0.37% · median +0.01%
Long pays every4hShort pays every4h
LONGmaker0%/taker0.020%SHORTmaker0.020%/taker0.060%
Loading Funding History…
↗Total PnL
+$155.05
+1.55%
$Avg Daily PnL
+$24.44
+0.2444%
★Best Day
+$29.32
Oct 6
◎Open Interest
⚡Funding APR
+89.19%
annualized · funding only
⚠Execution Cost
−$16.00
entry + exit fees
⏱Payback
15.6h
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 (−$16.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.