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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 ~2.0d
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+42.95%
3d Period Avg+19.66%
swing±10.96%
LONG Aster · nowSPCXUSDT
+0.00%
3d avg:+4.56%
SHORT Coinbase International · nowSPCX-PERP
+42.95%
3d avg:+24.22%
Entry Spread Now
+0.115%
Eaten by executionL 149.8578 · S 150.0300+$11.49 if it converges
24h range −0.04%…+0.22% · median +0.00%
Long pays every8hShort pays every1h
LONGmaker0.010%/taker0.040%SHORTmaker0.020%/taker0.040%
Loading Funding History…
↗Total PnL
−$8.51
−0.09%
$Avg Daily PnL
+$5.20
+0.0520%
★Best Day
+$5.68
Sep 27
◎Open Interest
⚡Funding APR
+18.99%
annualized · funding only
⚠Execution Cost
−$24.12
entry + exit fees
⏱Payback
4.6d
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 (−$24.12 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.