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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 ~0.2d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+168.90%
3d Period Avg+88.39%
swing±128.02%
LONG Variational · now
−156.09%
3d avg:−71.32%
SHORT Crypto.com · nowRAYUSD-PERP
+12.81%
3d avg:+17.07%
Entry Spread Now
+0.060%
In your favorL 1.8890 · S 1.8901+$6.01 if it converges
24h range −0.57%…+1.42% · median +0.17%
Long pays every4hShort pays every1h
LONGmaker0%/taker0%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
+$65.91
+0.66%
$Avg Daily PnL
+$25.30
+0.2530%
★Best Day
+$47.21
Oct 1
◎Open Interest
⚡Funding APR
+92.36%
annualized · funding only
⚠Execution Cost
−$10.00
entry + exit fees
⏱Payback
9.6h
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 (−$10.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.