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updated —Funding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding never covers this cost
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
−9.18%
3d Period Avg+10.79%
swing±14.09%
LONG Lighter · nowSPCX-USDC
+0.00%
3d avg:+7.11%
SHORT Aster · nowSPCXUSD1
−9.18%
3d avg:+17.90%
Entry Spread Now
+0.070%
In your favorL ask 143.9700 · S bid 144.0700+$6.95 at entry
24h range −0.12%…+1.92% · median +0.07%
Long pays every1hShort pays every8h
LONGmaker0%/taker0%SHORTmaker0.010%/taker0.040%
Loading Funding History…
↗Total PnL
−$4.77
−0.05%
$Avg Daily PnL
+$2.95
+0.0295%
★Best Day
+$6.61
Oct 15
◎Open Interest
⚡Funding APR
+10.76%
annualized · funding only
⚠Execution Cost
−$13.61
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 + live L2 orderbook slippage on both legs (−$13.61 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.