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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 ~9.0d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+4.87%
30d Period Avg−1.59%
swing±12.56%
LONG Lighter · now
+10.52%
30d avg:+12.37%
SHORT BloFin · now
+15.39%
30d avg:+10.78%
Entry Spread Now
−0.317%
Against youL 0.2362 · S 0.2355−$31.75 if it converges
24h range −0.91%…+0.65% · median −0.11%
Long pays every1hShort pays every4h
LONGmaker0%/taker0%SHORTmaker0.020%/taker0.060%
Loading Funding History…
↗Total PnL
−$24.13
−0.24%
$Avg Daily PnL
−$0.40
−0.0040%
★Best Day
+$3.50
Sep 2
◎Open Interest
⚡Funding APR
−1.48%
annualized · funding only
⚠Execution Cost
−$12.00
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 (−$12.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.