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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 ~0.5d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+155.00%
3d Period Avg+190.45%
swing±52.66%
LONG Crypto.com · nowXLEUSD-PERP
−29.86%
3d avg:−67.54%
SHORT Toobit · nowXLE-SWAP-USDT
+125.14%
3d avg:+122.91%
Entry Spread Now
+0.277%
In your favorL 61.2900 · S 61.4600+$27.74 if it converges
24h range −0.11%…+0.39% · median +0.11%
Long pays every1hShort pays every8h
LONGmaker0.020%/taker0.050%SHORTmaker0.020%/taker0.060%
Loading Funding History…
↗Total PnL
+$127.99
+1.28%
$Avg Daily PnL
+$50.00
+0.5000%
★Best Day
+$49.77
Sep 30
◎Open Interest
⚡Funding APR
+182.49%
annualized · funding only
⚠Execution Cost
−$22.00
entry + exit fees
⏱Payback
10.6h
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 (−$22.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.