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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 ~2.3d
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+186.01%
3d Period Avg+78.21%
swing±106.73%
LONG Paragon · nowpara:TER
−63.89%
3d avg:−2.48%
SHORT Crypto.com · nowTERUSD-PERP
+122.11%
3d avg:+75.73%
Entry Spread Now
+0.224%
Eaten by executionL 414.9000 · S 415.8300+$22.42 if it converges
24h range −0.27%…+0.66% · median +0.06%
Long pays every1hShort pays every1h
LONGmaker0.030%/taker0.090%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
−$48.26
−0.48%
$Avg Daily PnL
+$23.11
+0.2311%
★Best Day
+$31.35
Sep 29
◎Open Interest
⚡Funding APR
+84.37%
annualized · funding only
⚠Execution Cost
−$117.60
entry + exit fees
⏱Payback
5.1d
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 (−$117.60 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.