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updated 9:06:17 PMFunding Arbitrage Backtester
Size$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding covers it in ~7.3d
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+27.95%
1d Period Avg+31.30%
LONG Reya · nowSUIRUSDPERP
−17.94%
1d avg:−19.01%
SHORT Ethereal · now
+10.01%
1d avg:+12.29%
Entry Spread Now
+0.024%
Eaten by executionL 0.6760 · S 0.6762+$2.37 if it converges
24h range −0.12%…+0.19% · median +0.03%
Long pays every1hShort pays every1h
LONGmaker0.010%/taker0.030%SHORTmaker0%/taker0.030%
Loading Funding History…
↗Total PnL
−$47.46
−0.47%
$Avg Daily PnL
+$4.29
+0.0429%
★Best Day
+$7.95
Aug 17
◎Open Interest
⚡Funding APR
+15.64%
annualized · funding only
⚠Execution Cost
−$56.03
entry + exit fees
⏱Payback
13.1d
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 (−$56.03 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.