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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+5.85%
swing±8.48%
LONG Variational · now
+10.96%
3d avg:+10.96%
SHORT Aster · now
+10.96%
3d avg:+16.81%
Entry Spread Now
+0.033%
Eaten by executionL 317.4155 · S 317.5200+$3.29 if it converges
24h range −0.34%…+0.88% · median +0.06%
Long pays every4hShort pays every4h
LONGmaker0%/taker0%SHORTmaker0.010%/taker0.040%
Loading Funding History…
↗Total PnL
−$11.43
−0.11%
$Avg Daily PnL
+$1.60
+0.0160%
★Best Day
+$2.54
Sep 27
◎Open Interest
⚡Funding APR
+5.85%
annualized · funding only
⚠Execution Cost
−$16.24
entry + exit fees
⏱Payback
10.1d
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 (−$16.24 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.