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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 ~1.5d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+47.37%
3d Period Avg+47.81%
swing±48.67%
LONG Pionex · nowCOPPER_USDT_PERP
+13.89%
3d avg:+11.17%
SHORT Crypto.com · nowXCUUSD-PERP
+61.26%
3d avg:+58.98%
Entry Spread Now
−0.070%
Eaten by executionL 6.5750 · S 6.5704−$7.00 if it converges
24h range −0.37%…+0.06% · median −0.11%
Long pays every4hShort pays every1h
LONGmaker0.020%/taker0.050%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
+$20.35
+0.20%
$Avg Daily PnL
+$13.45
+0.1345%
★Best Day
+$19.05
Sep 29
◎Open Interest
⚡Funding APR
+49.09%
annualized · funding only
⚠Execution Cost
−$20.00
entry + exit fees
⏱Payback
1.5d
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 + fees only (orderbook snapshot stale) on both legs (−$20.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.