Funding Arbitrage Backtester

updated 4:32:01 PM

Size$

R-trip cost

Funding ArbitrageLooking at price convergence? → /price-pair

Net Funding APR · Now

+48.60%

30d Avg—

LONG Backpack

−37.64%

30d: —

SHORT Aster

+10.96%

30d: —

Long pays every1hShort pays every4h

LONGmaker0.020%/taker0.050%SHORTmaker0.010%/taker0.040%

Loading Funding History…

↗Total PnL

+$297.85

+2.98%

$Avg Daily PnL

+$10.53

+0.1053%

∑Funding PnL

+$326.55

before cost

%Win Rate

100.0%

positive days

★Best Day

+$29.25

Apr 29

◎Open Interest

Backpack$231.2K

Aster$504.6K

⚡APR

+35.07%

annualized

⚠Execution Cost

−$28.70

entry + exit fees

⏱Payback

2.7d

to break even

⤓Max Drawdown

+$0.00

peak → trough

✕Worst Day

+$0.55

Apr 24

◧24h Volume

Backpack$235.9K

Aster$137.2K

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 (−$28.70 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.