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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 ~9.9d
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+7.45%
3d Period Avg+3.08%
swing±6.78%
LONG Lighter · now
+3.51%
3d avg:+3.21%
SHORT TxFlow · now
+10.96%
3d avg:+6.29%
Entry Spread Now
−0.308%
Against youL ask 753.5500 · S bid 751.2300−$30.79 at entry
24h range −0.16%…+0.17% · median −0.05%
Long pays every1hShort pays every1h
LONGmaker0%/taker0%SHORTmaker0.015%/taker0.045%
Loading Funding History…
↗Total PnL
−$17.64
−0.18%
$Avg Daily PnL
+$0.84
+0.0084%
★Best Day
+$2.00
Oct 10
◎Open Interest
⚡Funding APR
+3.07%
annualized · funding only
⚠Execution Cost
−$20.16
entry + exit fees
⏱Payback
24.0d
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 + live L2 orderbook slippage on both legs (−$20.16 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.