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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 ~5.4d
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+14.18%
7d Period Avg−2.11%
swing±12.12%
LONG Aster · now
−3.22%
7d avg:+6.10%
SHORT HTX · now
+10.96%
7d avg:+3.99%
Entry Spread Now
+0.012%
In your favorL ask 121.5800 · S bid 121.5941+$1.16 at entry
24h range −0.09%…+0.13% · median −0.02%
Long pays every8hShort pays every8h
LONGmaker0.010%/taker0.040%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
−$21.22
−0.21%
$Avg Daily PnL
−$0.05
−0.0005%
★Best Day
+$3.01
Sep 27
◎Open Interest
⚡Funding APR
−0.18%
annualized · funding only
⚠Execution Cost
−$20.88
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 + live L2 orderbook slippage on both legs (−$20.88 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.