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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 ~7.5d
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+31.03%
30d Period Avg+22.35%
swing±34.20%
LONG Crypto.com · nowTSMUSD-PERP
−20.07%
30d avg:−16.66%
SHORT Hotcoin · now
+10.96%
30d avg:+5.69%
Entry Spread Now
+0.186%
Eaten by executionL 457.9700 · S 458.8200+$18.56 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
+$44.26
+0.44%
$Avg Daily PnL
+$3.61
+0.0361%
★Best Day
+$26.33
Sep 15
◎Open Interest
⚡Funding APR
+13.17%
annualized · funding only
⚠Execution Cost
−$64.01
entry + exit fees
⏱Payback
17.7d
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 (−$64.01 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.