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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 ~1.9d
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+50.71%
30d Period Avg+11.63%
swing±19.81%
LONG Ondo · nowXAG-USD.P
−7.54%
30d avg:+2.18%
SHORT grvt · nowXAG_USDT_Perp
+43.17%
30d avg:+13.81%
Entry Spread Now
+0.155%
In your favorL ask 64.3800 · S bid 64.4800+$15.53 at entry
24h range +0.00%…+0.30% · median +0.14%
Long pays every1hShort pays every4h
LONGmaker0.015%/taker0.035%SHORTmaker0.010%/taker0.050%
Loading Funding History…
↗Total PnL
+$71.06
+0.71%
$Avg Daily PnL
+$3.23
+0.0323%
★Best Day
+$11.80
Sep 2
◎Open Interest
⚡Funding APR
+11.80%
annualized · funding only
⚠Execution Cost
−$25.89
entry + exit fees
⏱Payback
8.0d
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 (−$25.89 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.