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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 ~2.1d
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+86.24%
3d Period Avg+46.02%
swing±63.08%
LONG Phoenix · now
+0.32%
3d avg:+43.12%
SHORT Crypto.com · nowVVVUSD-PERP
+86.56%
3d avg:+89.14%
Entry Spread Now
−0.255%
Against youL 29.8130 · S 29.7370−$25.49 if it converges
24h range −4.62%…+5.01% · median −0.11%
Long pays every1hShort pays every1h
LONGmaker0.005%/taker0.035%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
−$13.68
−0.14%
$Avg Daily PnL
+$12.07
+0.1207%
★Best Day
+$23.75
Sep 30
◎Open Interest
⚡Funding APR
+44.04%
annualized · funding only
⚠Execution Cost
−$49.88
entry + exit fees
⏱Payback
4.1d
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 (−$49.88 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.