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updated 12:14:22 AMFunding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding never covers this cost
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
−18.41%
3d Period Avg+1.77%
swing±8.62%
LONG Hotcoin · now
+21.92%
3d avg:+3.11%
SHORT Extended · now
+3.51%
3d avg:+4.88%
Entry Spread Now
−0.117%
Against youL ask 66.5100 · S bid 66.4320−$11.73 at entry
24h range −0.40%…+0.11% · median −0.11%
Long pays every4hShort pays every1h
LONGmaker0.020%/taker0.060%SHORTmaker0%/taker0.025%
Loading Funding History…
↗Total PnL
−$18.08
−0.18%
$Avg Daily PnL
+$0.41
+0.0041%
★Best Day
+$1.57
Sep 18
◎Open Interest
⚡Funding APR
+1.49%
annualized · funding only
⚠Execution Cost
−$19.71
entry + exit fees
⏱Payback
1.6mo
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 (−$19.71 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.