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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 ~5.5d
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+10.75%
3d Period Avg+32.27%
swing±42.48%
LONG Extended · now
−28.93%
3d avg:−39.75%
SHORT Aftermath · now
−18.18%
3d avg:−7.48%
Entry Spread Now
−0.041%
Eaten by executionL 97.5850 · S 97.5447−$4.13 if it converges
24h range −0.16%…+0.32% · median +0.01%
Long pays every1hShort pays every1h
LONGmaker0%/taker0.025%SHORTmaker-0.005%/taker0.045%
Loading Funding History…
↗Total PnL
+$9.35
+0.09%
$Avg Daily PnL
+$8.49
+0.0849%
★Best Day
+$14.06
Oct 18
◎Open Interest
⚡Funding APR
+30.99%
annualized · funding only
⚠Execution Cost
−$16.12
entry + exit fees
⏱Payback
1.9d
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 (−$16.12 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.