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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
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
−13.51%
30d Period Avg+75.14%
swing±93.00%
LONG Crypto.com · nowSPXUSD-PERP
+50.76%
30d avg:−46.35%
SHORT BloFin · now
+37.26%
30d avg:+28.79%
Entry Spread Now
−0.071%
Eaten by executionL 0.4394 · S 0.4391−$7.05 if it converges
24h range −0.81%…+1.32% · median +0.02%
Long pays every1hShort pays every4h
LONGmaker0.020%/taker0.050%SHORTmaker0.020%/taker0.060%
Loading Funding History…
↗Total PnL
+$595.14
+5.95%
$Avg Daily PnL
+$20.57
+0.2057%
★Best Day
+$47.99
Sep 6
◎Open Interest
⚡Funding APR
+75.09%
annualized · funding only
⚠Execution Cost
−$22.00
entry + exit fees
⏱Payback
1.1d
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 (−$22.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.