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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 ~16d
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+5.35%
3d Period Avg+2.23%
swing±12.19%
LONG Aster · now
−5.35%
3d avg:−2.23%
SHORT HTX · now
+0.00%
3d avg:+0.00%
Entry Spread Now
+0.059%
Eaten by executionL 1,339.19 · S 1,339.98+$5.86 if it converges
24h range −0.44%…+0.36% · median +0.01%
Long pays every4hShort pays every4h
LONGmaker0.010%/taker0.040%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
−$21.08
−0.21%
$Avg Daily PnL
+$0.58
+0.0058%
★Best Day
+$2.21
Sep 28
◎Open Interest
⚡Funding APR
+2.10%
annualized · funding only
⚠Execution Cost
−$22.81
entry + exit fees
⏱Payback
1.3mo
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 (−$22.81 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.