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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 ~14d
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+10.08%
3d Period Avg+22.60%
swing±13.97%
LONG grvt · nowSUI_USDT_Perp
+10.96%
3d avg:+10.58%
SHORT Coinbase International · nowSUI-PERP
+21.04%
3d avg:+33.18%
Entry Spread Now
+0.162%
Eaten by executionL 1.2693 · S 1.2714+$16.16 if it converges
24h range −0.07%…+0.46% · median +0.14%
Long pays every8hShort pays every1h
LONGmaker0.010%/taker0.050%SHORTmaker0.020%/taker0.040%
Loading Funding History…
↗Total PnL
−$19.27
−0.19%
$Avg Daily PnL
+$6.72
+0.0672%
★Best Day
+$9.07
Sep 25
◎Open Interest
⚡Funding APR
+24.52%
annualized · funding only
⚠Execution Cost
−$39.42
entry + exit fees
⏱Payback
5.9d
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 (−$39.42 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.