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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 ~18d
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+5.01%
3d Period Avg+12.39%
swing±22.10%
LONG Bitget · now
+0.00%
3d avg:+7.32%
SHORT Crypto.com · nowSPYUSD-PERP
+5.01%
3d avg:+19.71%
Entry Spread Now
−0.087%
Eaten by executionL 770.3500 · S 769.6800−$8.70 if it converges
24h range −0.09%…−0.02% · median −0.05%
Long pays every8hShort pays every1h
LONGmaker0.020%/taker0.060%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
−$14.71
−0.15%
$Avg Daily PnL
+$3.39
+0.0339%
★Best Day
+$4.51
Sep 26
◎Open Interest
⚡Funding APR
+12.39%
annualized · funding only
⚠Execution Cost
−$24.89
entry + exit fees
⏱Payback
7.3d
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 (−$24.89 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.