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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 ~296d
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+0.23%
7d Period Avg+2.12%
swing±9.71%
LONG Aster · nowSPCXUSDT
+0.00%
7d avg:+8.82%
SHORT Pionex · nowSPCX_USDT_PERP
+0.23%
7d avg:+10.94%
Entry Spread Now
+0.010%
NeutralL 149.5253 · S 149.5400
24h range −0.03%…+0.18% · median +0.00%
Long pays every8hShort pays every8h
LONGmaker0.010%/taker0.040%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
−$11.29
−0.11%
$Avg Daily PnL
+$1.05
+0.0105%
★Best Day
+$2.77
Sep 25
◎Open Interest
⚡Funding APR
+3.85%
annualized · funding only
⚠Execution Cost
−$18.67
entry + exit fees
⏱Payback
17.7d
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 + fees only (orderbook snapshot stale) on both legs (−$18.67 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.