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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
+0.00%
7d Period Avg+9.64%
swing±33.81%
LONG Pionex · nowUNI_USDT_PERP
+10.96%
7d avg:+8.69%
SHORT HTX · now
+10.96%
7d avg:+18.33%
Entry Spread Now
+0.227%
In your favorL 9.6110 · S 9.6328+$22.73 if it converges
24h range −0.49%…+0.83% · median +0.10%
Long pays every8hShort pays every8h
LONGmaker0.020%/taker0.050%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
−$21.87
−0.22%
$Avg Daily PnL
+$2.64
+0.0264%
★Best Day
+$14.51
Sep 25
◎Open Interest
⚡Funding APR
+9.63%
annualized · funding only
⚠Execution Cost
−$40.34
entry + exit fees
⏱Payback
15.3d
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 (−$40.34 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.