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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 ~5.6d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+5.26%
3d Period Avg−3.35%
swing±23.10%
LONG Lighter · now
−5.26%
3d avg:+3.21%
SHORT Aster · now
+0.00%
3d avg:−0.14%
Entry Spread Now
+0.190%
In your favorL 98.6550 · S 98.8426+$19.02 if it converges
24h range −0.08%…+0.31% · median +0.09%
Long pays every1hShort pays every8h
LONGmaker0%/taker0%SHORTmaker0.010%/taker0.040%
Loading Funding History…
↗Total PnL
−$4.99
−0.05%
$Avg Daily PnL
+$1.00
+0.0100%
★Best Day
+$3.71
Oct 19
◎Open Interest
⚡Funding APR
+3.67%
annualized · funding only
⚠Execution Cost
−$8.00
entry + exit fees
⏱Payback
8.0d
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 (−$8.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.