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updated —Funding 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
+0.00%
3d Period Avg+44.72%
swing±30.00%
LONG Variational · nowXAUS
+0.00%
3d avg:+0.00%
SHORT HTX · now
+0.00%
3d avg:+44.72%
Entry Spread Now
+0.108%
In your favorL ask 4,183.25 · S bid 4,187.77+$10.80 at entry
24h range +0.05%…+0.28% · median +0.15%
Long pays every4hShort pays every4h
LONGmaker0%/taker0%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
+$22.46
+0.22%
$Avg Daily PnL
+$12.24
+0.1224%
★Best Day
+$16.51
Sep 30
◎Open Interest
⚡Funding APR
+44.69%
annualized · funding only
⚠Execution Cost
−$14.27
entry + exit fees
⏱Payback
1.2d
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 (−$14.27 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.