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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 ~0.2d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+336.67%
30d Period Avg−37.30%
swing±95.99%
LONG Crypto.com · nowSONYUSD-PERP
−325.71%
30d avg:+48.26%
SHORT HTX · now
+10.96%
30d avg:+10.96%
Entry Spread Now
+0.000%
NeutralL 23.7800 · S 23.7800
24h range −0.15%…+0.17% · median +0.00%
Long pays every1hShort pays every8h
LONGmaker0.020%/taker0.050%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
−$220.85
−2.21%
$Avg Daily PnL
−$6.69
−0.0669%
★Best Day
+$13.16
Sep 17
◎Open Interest
⚡Funding APR
−24.44%
annualized · funding only
⚠Execution Cost
−$20.00
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 + fees only (orderbook snapshot stale) on both legs (−$20.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.