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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 ~0.5d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+136.58%
30d Period Avg+4.07%
swing±188.60%
LONG Phoenix · now
+0.00%
30d avg:+28.23%
SHORT Crypto.com · nowSKRUSD-PERP
+136.58%
30d avg:+32.30%
Entry Spread Now
−0.391%
Against youL 0.01814 · S 0.01807−$39.14 if it converges
24h range −2.61%…+1.54% · median −0.20%
Long pays every1hShort pays every1h
LONGmaker0.005%/taker0.035%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
−$0.98
−0.01%
$Avg Daily PnL
+$0.53
+0.0053%
★Best Day
+$96.21
Sep 4
◎Open Interest
⚡Funding APR
+1.95%
annualized · funding only
⚠Execution Cost
−$17.00
entry + exit fees
⏱Payback
1.1mo
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 (−$17.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.