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updated 9:03:50 PMFunding Arbitrage Backtester
Size$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding never covers this cost
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
−60.76%
3d Period Avg+0.55%
LONG Backpack · nowVVV_USDC_PERP
+71.72%
3d avg:+10.41%
SHORT WEEX · now
+10.96%
3d avg:+10.96%
Entry Spread Now
−0.188%
Against youL 12.9764 · S 12.9520−$18.80 if it converges
24h range −0.35%…+0.43% · median +0.07%
Long pays every1hShort pays every4h
LONGmaker0.020%/taker0.050%SHORTmaker0.020%/taker0.080%
Loading Funding History…
↗Total PnL
−$25.16
−0.25%
$Avg Daily PnL
+$0.21
+0.0021%
★Best Day
+$0.47
Aug 15
◎Open Interest
Backpack$38.0K
WEEX$61.12M⚡Funding APR
+0.76%
annualized · funding only
⚠Execution Cost
−$26.00
entry + exit fees
⏱Payback
4.1mo
to break even
◧24h Volume
Backpack$118.8KWEEX$753.6KLoading 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 (−$26.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.