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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
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
−6.47%
3d Period Avg+30.50%
swing±22.68%
LONG Lighter · now
+10.52%
3d avg:−31.12%
SHORT TxFlow · now
+4.05%
3d avg:−0.62%
Entry Spread Now
−0.276%
Against youL ask 110.1140 · S bid 109.8100−$27.61 at entry
24h range −0.26%…−0.02% · median −0.08%
Long pays every1hShort pays every1h
LONGmaker0%/taker0%SHORTmaker0.015%/taker0.045%
Loading Funding History…
↗Total PnL
+$13.78
+0.14%
$Avg Daily PnL
+$8.35
+0.0835%
★Best Day
+$13.94
Oct 8
◎Open Interest
⚡Funding APR
+30.48%
annualized · funding only
⚠Execution Cost
−$11.27
entry + exit fees
⏱Payback
1.4d
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 + live L2 orderbook slippage on both legs (−$11.27 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.