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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 ~0.4d
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+331.41%
3d Period Avg+0.00%
LONG Bitget · now
−1178.59%
3d avg:+10.96%
SHORT Variational · now
−847.17%
3d avg:+10.96%
Entry Spread Now
−1.148%
Against youL 0.02265 · S 0.02239−$114.79 if it converges
24h range −3.42%…+3.69% · median +0.65%
Long pays every4hShort pays every4h
LONGmaker0.020%/taker0.060%SHORTmaker0%/taker0%
Loading Funding History…
↗Total PnL
−$39.32
−0.39%
$Avg Daily PnL
−$0.17
−0.0017%
★Best Day
+$0.00
Sep 23
◎Open Interest
⚡Funding APR
−0.61%
annualized · funding only
⚠Execution Cost
−$38.82
entry + exit fees
⏱Payback
never
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 (−$38.82 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.