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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 ~16d
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+20.64%
3d Period Avg+59.90%
swing±16.87%
LONG Crypto.com · nowTSMUSD-PERP
−20.07%
3d avg:−51.04%
SHORT Hotcoin · now
+0.57%
3d avg:+8.86%
Entry Spread Now
−0.138%
Eaten by executionL 456.5300 · S 455.9000−$13.80 if it converges
24h range −0.13%…+0.25% · median +0.12%
Long pays every1hShort pays every8h
LONGmaker0.020%/taker0.050%SHORTmaker0.020%/taker0.060%
Loading Funding History…
↗Total PnL
−$52.58
−0.53%
$Avg Daily PnL
+$12.82
+0.1282%
★Best Day
+$14.02
Sep 29
◎Open Interest
⚡Funding APR
+46.78%
annualized · funding only
⚠Execution Cost
−$91.03
entry + exit fees
⏱Payback
7.1d
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 (−$91.03 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.