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updated βFunding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg Β· +$20000.00 turnover Β· funding never covers this cost
βSlippage estimate may be inaccurate (thin orderbook or partial fill)
Funding ArbitrageLooking at price convergence? β /price-pair
Current Net APR Β· Snapshot
β4.19%
7d Period Avg+13.89%
swingΒ±5.72%
LONG MEXC Β· nowSPX500_USDT
β1.31%
7d avg:β6.49%
SHORT Toobit Β· nowSPX500-SWAP-USDT
β5.50%
7d avg:+7.40%
Entry Spread Now
β0.076%
Against youL ask 7,810 Β· S bid 7,804.07β$7.59 at entry
24h range β0.10%β¦+0.06% Β· median β0.03%
Long pays every8hShort pays every8h
LONGmaker0%/taker0.020%SHORTmaker0.020%/taker0.060%
Loading Funding Historyβ¦
βTotal PnL
β$22.44
β0.22%
$Avg Daily PnL
+$3.80
+0.0380%
β
Best Day
+$4.72
Oct 6
βOpen Interest
β‘Funding APR
+13.88%
annualized Β· funding only
β Execution Cost
β$49.05
entry + exit fees
β±Payback
12.9d
to break even
β§24h Volume
Loading Cumulative PnLβ¦
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 (β$49.05 for size $10,000). Slippage scales nonlinearly with position size β try a larger size to see thin upper levels run out.