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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 ~11d
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+6.89%
7d Period Avg+25.79%
swing±23.02%
LONG Variational · now
+10.96%
7d avg:+0.92%
SHORT BloFin · now
+17.84%
7d avg:+26.71%
Entry Spread Now
−0.027%
Eaten by executionL 2.0666 · S 2.0660−$2.71 if it converges
24h range −0.96%…+1.73% · median −0.01%
Long pays every4hShort pays every4h
LONGmaker0%/taker0%SHORTmaker0.020%/taker0.060%
Loading Funding History…
↗Total PnL
+$28.19
+0.28%
$Avg Daily PnL
+$7.06
+0.0706%
★Best Day
+$8.36
Sep 28
◎Open Interest
⚡Funding APR
+25.77%
annualized · funding only
⚠Execution Cost
−$21.23
entry + exit fees
⏱Payback
3.0d
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 (−$21.23 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.