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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
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+460.66%
3d Period Avg+346.39%
swing±141.19%
LONG Arcus · nowSPCX-USD
−8.26%
3d avg:+12.05%
SHORT Bullet · nowSPCX-USD
+452.40%
3d avg:+358.44%
Entry Spread Now
+0.160%
In your favorL ask 143.8800 · S bid 144.1100+$15.99 at entry
24h range +0.04%…+0.35% · median +0.19%
Long pays every1hShort pays every1h
LONGmaker0%/taker0.022%SHORTmaker0.010%/taker0.040%
Loading Funding History…
↗Total PnL
+$168.44
+1.68%
$Avg Daily PnL
+$63.09
+0.6309%
★Best Day
+$92.23
Oct 28
◎Open Interest
⚡Funding APR
+230.27%
annualized · funding only
⚠Execution Cost
−$20.82
entry + exit fees
⏱Payback
7.9h
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 (−$20.82 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.