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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%
7d Period Avg+1.67%
swing±2.68%
LONG Pionex · nowXAUT_USDT_PERP
+10.96%
7d avg:+9.24%
SHORT HTX · now
+10.96%
7d avg:+10.91%
Entry Spread Now
−0.050%
Against youL ask 4,263.72 · S bid 4,261.58−$5.02 at entry
24h range −0.06%…+0.00% · median −0.03%
Long pays every4hShort pays every4h
LONGmaker0.020%/taker0.050%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
−$21.26
−0.21%
$Avg Daily PnL
+$0.46
+0.0046%
★Best Day
+$0.91
Sep 25
◎Open Interest
⚡Funding APR
+1.66%
annualized · funding only
⚠Execution Cost
−$24.45
entry + exit fees
⏱Payback
1.8mo
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 (−$24.45 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.