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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 ~0.7d
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+95.33%
30d Period Avg−22.08%
swing±47.46%
LONG RiseX · nowVVV-PERP
−30.82%
30d avg:+45.94%
SHORT Backpack · nowVVV_USDC_PERP
+64.52%
30d avg:+23.86%
Entry Spread Now
+0.187%
In your favorL 30.1626 · S 30.2190+$18.68 if it converges
24h range −2.22%…+1.55% · median +0.11%
Long pays every1hShort pays every1h
LONGmaker0.010%/taker0.030%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
−$198.90
−1.99%
$Avg Daily PnL
−$6.04
−0.0604%
★Best Day
+$15.15
Sep 22
◎Open Interest
⚡Funding APR
−22.06%
annualized · funding only
⚠Execution Cost
−$17.56
entry + exit fees
⏱Payback
never
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 (−$17.56 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.