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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 ~5.0d
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+180.54%
3d Period Avg+18.99%
swing±132.67%
LONG Phoenix · now
+1.58%
3d avg:+122.84%
SHORT MEXC · now
+182.11%
3d avg:+141.83%
Entry Spread Now
−1.786%
Against youL 0.2559 · S 0.2514−$178.56 if it converges
24h range −3.15%…+4.56% · median +0.27%
Long pays every1hShort pays every4h
LONGmaker0.005%/taker0.035%SHORTmaker0%/taker0.020%
Loading Funding History…
↗Total PnL
−$284.02
−2.84%
$Avg Daily PnL
−$12.31
−0.1231%
★Best Day
−$2.09
Sep 24
◎Open Interest
⚡Funding APR
−44.93%
annualized · funding only
⚠Execution Cost
−$247.09
entry + exit fees
⏱Payback
never
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 (−$247.09 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.