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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 ~3.1d
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+62.37%
7d Period Avg+68.13%
swing±145.13%
LONG Phemex · now
+0.00%
7d avg:+0.00%
SHORT Toobit · nowSKHYNIX-SWAP-USDT
+62.37%
7d avg:+68.13%
Entry Spread Now
+0.466%
In your favorL 975.4600 · S 980.0100+$46.64 if it converges
24h range −0.50%…+0.59% · median −0.01%
Long pays every8hShort pays every4h
LONGmaker0.010%/taker0.060%SHORTmaker0.020%/taker0.060%
Loading Funding History…
↗Total PnL
+$73.72
+0.74%
$Avg Daily PnL
+$18.08
+0.1808%
★Best Day
+$34.20
Oct 16
◎Open Interest
⚡Funding APR
+65.97%
annualized · funding only
⚠Execution Cost
−$52.81
entry + exit fees
⏱Payback
2.9d
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 (−$52.81 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.