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updated βFunding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg Β· +$20000.00 turnover Β· funding never covers this cost
β Slippage not modeled β actual cost may differ
Funding ArbitrageLooking at price convergence? β /price-pair
Current Net APR Β· Snapshot
β24.64%
3d Period Avgβ3.08%
swingΒ±15.24%
LONG Crypto.com Β· nowXLMUSD-PERP
+32.80%
3d avg:+12.03%
SHORT Bitunix Β· now
+8.16%
3d avg:+8.95%
Entry Spread Now
+0.010%
NeutralL 0.1978 Β· S 0.1979
24h range β0.13%β¦+0.20% Β· median +0.02%
Long pays every1hShort pays every8h
LONGmaker0.020%/taker0.050%SHORTmaker0.020%/taker0.060%
Loading Funding Historyβ¦
βTotal PnL
β$23.44
β0.23%
$Avg Daily PnL
β$0.48
β0.0048%
β
Best Day
+$2.73
Oct 9
βOpen Interest
β‘Funding APR
β1.76%
annualized Β· funding only
β Execution Cost
β$22.00
entry + exit fees
β±Payback
never
to break even
β§24h Volume
Loading Cumulative PnLβ¦
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 (β$22.00 for size $10,000). Slippage scales nonlinearly with position size β try a larger size to see thin upper levels run out.