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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 ~0.8d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+54.35%
3d Period Avg+11.17%
swing±23.66%
LONG Variational · now
+10.96%
3d avg:+12.29%
SHORT Bitget · now
+65.31%
3d avg:+23.46%
Entry Spread Now
+0.000%
NeutralL 0.5414 · S 0.5414
24h range −1.03%…+0.99% · median +0.11%
Long pays every4hShort pays every4h
LONGmaker0%/taker0%SHORTmaker0.020%/taker0.060%
Loading Funding History…
↗Total PnL
−$2.82
−0.03%
$Avg Daily PnL
+$3.06
+0.0306%
★Best Day
+$4.52
Oct 1
◎Open Interest
⚡Funding APR
+11.16%
annualized · funding only
⚠Execution Cost
−$12.00
entry + exit fees
⏱Payback
3.9d
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 (−$12.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.