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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 ~0.2d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+240.30%
1d Period Avg+171.00%
swing±54.95%
LONG Lighter · now
+10.52%
1d avg:+10.52%
SHORT Crypto.com · nowTAOUSD-PERP
+250.82%
1d avg:+181.52%
Entry Spread Now
−0.006%
NeutralL 304.6470 · S 304.6300
24h range −0.26%…+0.29% · median +0.08%
Long pays every1hShort pays every1h
LONGmaker0%/taker0%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
+$36.82
+0.37%
$Avg Daily PnL
+$46.82
+0.4682%
★Best Day
+$26.10
Oct 4
◎Open Interest
⚡Funding APR
+170.88%
annualized · funding only
⚠Execution Cost
−$10.00
entry + exit fees
⏱Payback
5.0h
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 (−$10.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.