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updated —Funding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding never covers this cost
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+0.00%
3d Period Avg+30.20%
swing±26.95%
LONG Variational · now
+10.96%
3d avg:−19.24%
SHORT Bitget · now
+10.96%
3d avg:+10.96%
Entry Spread Now
+0.196%
In your favorL 1.0062 · S 1.0082+$19.63 if it converges
24h range −0.10%…+0.45% · median +0.21%
Long pays every8hShort pays every8h
LONGmaker0%/taker0%SHORTmaker0.020%/taker0.060%
Loading Funding History…
↗Total PnL
+$12.80
+0.13%
$Avg Daily PnL
+$8.27
+0.0827%
★Best Day
+$11.97
Sep 29
◎Open Interest
⚡Funding APR
+30.17%
annualized · funding only
⚠Execution Cost
−$12.00
entry + exit fees
⏱Payback
1.4d
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.