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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 ~2.4d
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+57.76%
30d Period Avg+36.92%
swing±44.31%
LONG Kinetiq · nowUS500
−15.42%
30d avg:+3.05%
SHORT Crypto.com · nowSPYUSD-PERP
+42.34%
30d avg:+39.97%
Entry Spread Now
+0.073%
In your favorL ask 764.2500 · S bid 764.8100+$7.33 at entry
24h range +0.04%…+0.23% · median +0.08%
Long pays every1hShort pays every1h
LONGmaker0.030%/taker0.090%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
+$264.85
+2.65%
$Avg Daily PnL
+$10.08
+0.1008%
★Best Day
+$28.10
Oct 19
◎Open Interest
⚡Funding APR
+36.79%
annualized · funding only
⚠Execution Cost
−$37.55
entry + exit fees
⏱Payback
3.7d
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 + live L2 orderbook slippage on both legs (−$37.55 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.