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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
−2.27%
3d Period Avg−2.23%
swing±12.19%
LONG Phemex · now
+0.00%
3d avg:+0.00%
SHORT Aster · now
−2.27%
3d avg:−2.23%
Entry Spread Now
−0.150%
Against youL 1,337.61 · S 1,335.6−$15.00 if it converges
24h range −0.23%…+0.50% · median −0.03%
Long pays every8hShort pays every4h
LONGmaker0.010%/taker0.060%SHORTmaker0.010%/taker0.040%
Loading Funding History…
↗Total PnL
−$21.73
−0.22%
$Avg Daily PnL
−$0.58
−0.0058%
★Best Day
+$0.48
Sep 25
◎Open Interest
⚡Funding APR
−2.10%
annualized · funding only
⚠Execution Cost
−$20.00
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 (−$20.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.