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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 ~9.6d
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+7.15%
3d Period Avg−0.49%
swing±2.59%
LONG Pionex · nowXAU_USDT_PERP
+15.63%
3d avg:+4.17%
SHORT Aster · now
+22.78%
3d avg:+3.68%
Entry Spread Now
+0.026%
In your favorL ask 4,239.77 · S bid 4,240.86+$2.57 at entry
24h range −0.05%…+0.04% · median +0.00%
Long pays every4hShort pays every4h
LONGmaker0.020%/taker0.050%SHORTmaker0.010%/taker0.040%
Loading Funding History…
↗Total PnL
−$19.23
−0.19%
$Avg Daily PnL
−$0.13
−0.0013%
★Best Day
+$0.38
Sep 28
◎Open Interest
⚡Funding APR
−0.48%
annualized · funding only
⚠Execution Cost
−$18.83
entry + exit fees
⏱Payback
never
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 (−$18.83 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.