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updated 2:12:10 PMFunding Arbitrage Backtester
Size$
R-trip cost
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+145.55%
7d Period Avg+117.35%
LONG Variational · now
−122.15%
7d avg:−90.17%
SHORT Reya · nowPOPCATRUSDPERP
+23.39%
7d avg:+27.18%
Entry Spread Now
+0.106%
In your favorL 0.04366 · S 0.04371+$10.57 if it converges
24h range −0.78%…+0.77% · median +0.05%
Long pays every4hShort pays every1h
LONGmaker0%/taker0%SHORTmaker0.010%/taker0.030%
Loading Funding History…
↗Total PnL
+$218.98
+2.19%
$Avg Daily PnL
+$28.12
+0.2812%
★Best Day
+$39.92
Jul 12
◎Open Interest
⚡Funding APR
+102.65%
annualized · funding only
⚠Execution Cost
−$6.00
entry + exit fees
⏱Payback
5.0h
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 (−$6.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.