Funding Arbitrage Backtester

updated 6:06:30 PM

Size$

R-trip cost

Funding ArbitrageLooking at price convergence? → /price-pair

Net Funding APR · Now

+88.71%

3d Avg—

LONG Backpack

−48.39%

3d: —

SHORT Reya

+40.32%

3d: —

Long pays every1hShort pays every1h

LONGmaker0.020%/taker0.050%SHORTmaker0.010%/taker0.030%

Loading Funding History…

↗Total PnL

+$27.38

+0.27%

$Avg Daily PnL

+$10.85

+0.1085%

∑Funding PnL

+$43.38

before cost

%Win Rate

100.0%

positive days

★Best Day

+$14.29

May 16

◎Open Interest

Backpack$130.3K

Reya$373

⚡APR

+24.99%

annualized

⚠Execution Cost

−$16.00

entry + exit fees

⏱Payback

1.5d

to break even

⤓Max Drawdown

+$0.00

peak → trough

✕Worst Day

+$6.12

May 15

◧24h Volume

Backpack$66.8K

Reya$0

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 (−$16.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.