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updated —Funding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding never covers this cost
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+0.00%
3d Period Avg+6.59%
swing±9.90%
LONG Phemex · now
+10.96%
3d avg:+10.22%
SHORT Aster · now
+10.96%
3d avg:+16.81%
Entry Spread Now
+0.371%
In your favorL 315.7400 · S 316.9100+$37.06 if it converges
24h range −0.61%…+0.87% · median +0.09%
Long pays every4hShort pays every4h
LONGmaker0.010%/taker0.060%SHORTmaker0.010%/taker0.040%
Loading Funding History…
↗Total PnL
−$41.21
−0.41%
$Avg Daily PnL
+$1.81
+0.0181%
★Best Day
+$3.15
Sep 27
◎Open Interest
⚡Funding APR
+6.59%
annualized · funding only
⚠Execution Cost
−$46.63
entry + exit fees
⏱Payback
25.8d
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 (−$46.63 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.