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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 ~20d
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+5.01%
7d Period Avg+30.73%
swing±38.73%
LONG Bitget · now
+0.00%
7d avg:+5.89%
SHORT Crypto.com · nowSPYUSD-PERP
+5.01%
7d avg:+36.62%
Entry Spread Now
−0.054%
Eaten by executionL 771.9000 · S 771.4800−$5.44 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
+$30.81
+0.31%
$Avg Daily PnL
+$8.33
+0.0833%
★Best Day
+$18.74
Sep 21
◎Open Interest
⚡Funding APR
+30.40%
annualized · funding only
⚠Execution Cost
−$27.49
entry + exit fees
⏱Payback
3.3d
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 (−$27.49 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.