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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 ~111d
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+1.08%
7d Period Avg+6.15%
swing±11.37%
LONG Pionex · nowWTI_USDT_PERP
−1.08%
7d avg:−7.09%
SHORT HTX · nowUSOIL-USDT
+0.00%
7d avg:−0.94%
Entry Spread Now
−0.053%
Against youL ask 93.3800 · S bid 93.3300−$5.35 at entry
24h range −0.29%…+0.11% · median −0.05%
Long pays every4hShort pays every4h
LONGmaker0.020%/taker0.050%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
−$20.99
−0.21%
$Avg Daily PnL
+$1.68
+0.0168%
★Best Day
+$3.22
Sep 22
◎Open Interest
⚡Funding APR
+6.15%
annualized · funding only
⚠Execution Cost
−$32.78
entry + exit fees
⏱Payback
19.5d
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 + live L2 orderbook slippage on both legs (−$32.78 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.