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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 ~2.6d
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+51.78%
3d Period Avg+54.01%
swing±74.60%
LONG Kinetiq · nowUS500
−9.44%
3d avg:−13.80%
SHORT Crypto.com · nowSPYUSD-PERP
+42.34%
3d avg:+40.21%
Entry Spread Now
+0.029%
In your favorL ask 768.4500 · S bid 768.6700+$2.86 at entry
24h range −0.08%…+0.16% · median +0.07%
Long pays every1hShort pays every1h
LONGmaker0.030%/taker0.090%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
+$5.91
+0.06%
$Avg Daily PnL
+$14.47
+0.1447%
★Best Day
+$28.10
Oct 19
◎Open Interest
⚡Funding APR
+52.81%
annualized · funding only
⚠Execution Cost
−$37.49
entry + exit fees
⏱Payback
2.6d
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 (−$37.49 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.