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updated —TAO 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
−5.17%
7d Period Avg+20.01%
swing±23.58%
LONG Phemex · now
+6.04%
7d avg:−11.85%
SHORT MEXC · now
+0.88%
7d avg:+8.16%
Entry Spread Now
+0.063%
In your favorL ask 208.0000 · S bid 208.1300+$6.25 at entry
24h range −0.63%…+0.21% · median +0.00%
Long pays every4hShort pays every4h
LONGmaker0.010%/taker0.060%SHORTmaker0%/taker0.020%
Loading Funding History…
↗Total PnL
+$13.64
+0.14%
$Avg Daily PnL
+$5.48
+0.0548%
★Best Day
+$16.66
Nov 8
◎Open Interest
Phemex$2.33M
MEXC$60.65M⚡Funding APR
+20.00%
annualized · funding only
⚠Execution Cost
−$24.71
entry + exit fees
⏱Payback
4.5d
to break even
◧24h Volume
Phemex$7.45MMEXC$40.69MLoading Cumulative PnL…
How it works: Funding PnL is bucketed daily from real settlement history. Execution Cost = round-trip taker fees + live L2 orderbook slippage on both legs (−$24.71 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.