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updated —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
−11.49%
7d Period Avg−3.44%
swing±24.68%
LONG HTX · now
−30.07%
7d avg:−8.83%
SHORT Pionex · nowTRX_USDT_PERP
−41.56%
7d avg:−12.27%
Entry Spread Now
−0.053%
Against youL ask 0.3330 · S bid 0.3328−$5.29 at entry
24h range −0.14%…+0.07% · median −0.02%
Long pays every8hShort pays every8h
LONGmaker0.020%/taker0.050%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
−$32.00
−0.32%
$Avg Daily PnL
−$0.94
−0.0094%
★Best Day
+$5.35
Sep 24
◎Open Interest
⚡Funding APR
−3.44%
annualized · funding only
⚠Execution Cost
−$25.41
entry + exit fees
⏱Payback
never
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 + live L2 orderbook slippage on both legs (−$25.41 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.