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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 ~2.2d
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+53.67%
3d Period Avg+4.14%
swing±28.64%
LONG Aster · now
−71.99%
3d avg:−27.35%
SHORT Phemex · now
−18.32%
3d avg:−23.21%
Entry Spread Now
+0.097%
Eaten by executionL 0.3329 · S 0.3333+$9.66 if it converges
24h range −0.06%…+0.14% · median +0.04%
Long pays every8hShort pays every8h
LONGmaker0.010%/taker0.040%SHORTmaker0.010%/taker0.060%
Loading Funding History…
↗Total PnL
−$24.48
−0.24%
$Avg Daily PnL
+$2.45
+0.0245%
★Best Day
+$4.81
Sep 28
◎Open Interest
⚡Funding APR
+8.93%
annualized · funding only
⚠Execution Cost
−$31.82
entry + exit fees
⏱Payback
13.0d
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 (−$31.82 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.