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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 ~8.3d
ⓘSlippage estimate may be inaccurate (thin orderbook or partial fill)
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+31.78%
3d Period Avg+36.47%
swing±4.12%
LONG WOOFi Pro · nowPERP_SPX500_USDC
−24.11%
3d avg:−28.80%
SHORT Toobit · nowSPX500-SWAP-USDT
+7.67%
3d avg:+7.67%
Entry Spread Now
−0.075%
Against youL ask 7,696.18 · S bid 7,690.4−$7.51 at entry
24h range −0.29%…+0.17% · median −0.06%
Long pays every8hShort pays every8h
LONGmaker0%/taker0.030%SHORTmaker0.020%/taker0.060%
Loading Funding History…
↗Total PnL
−$42.36
−0.42%
$Avg Daily PnL
+$7.49
+0.0749%
★Best Day
+$10.14
Sep 23
◎Open Interest
⚡Funding APR
+27.33%
annualized · funding only
⚠Execution Cost
−$72.31
entry + exit fees
⏱Payback
9.7d
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 (−$72.31 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.