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updated 5:01:23 PMFunding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding covers it in ~1.2d
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+63.24%
3d Period Avg+43.92%
swing±12.29%
LONG Hibachi · nowSOL/USDT-P
−27.17%
3d avg:−12.74%
SHORT Phoenix · now
+36.07%
3d avg:+31.18%
Entry Spread Now
+0.174%
In your favorL ask 102.5610 · S bid 102.7400+$17.45 at entry
24h range −0.74%…+1.82% · median +0.10%
Long pays every1hShort pays every1h
LONGmaker0%/taker0.045%SHORTmaker0.005%/taker0.035%
Loading Funding History…
↗Total PnL
+$14.81
+0.15%
$Avg Daily PnL
+$8.89
+0.0889%
★Best Day
+$12.88
Sep 13
◎Open Interest
Hibachi$127.2K
Phoenix$6.94M⚡Funding APR
+32.46%
annualized · funding only
⚠Execution Cost
−$20.77
entry + exit fees
⏱Payback
2.3d
to break even
◧24h Volume
Hibachi$178.1KPhoenix—Loading Cumulative PnL…
How it works: Funding PnL is bucketed daily from real settlement history. Execution Cost = round-trip taker fees + live L2 orderbook slippage on both legs (−$20.77 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.