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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
−4.82%
7d Period Avg+4.00%
swing±17.94%
LONG edgeX V2 · now
+10.96%
7d avg:+10.96%
SHORT Extended · now
+6.14%
7d avg:+14.96%
Entry Spread Now
−0.162%
Against youL ask 623.7600 · S bid 622.7500−$16.19 at entry
24h range −1.11%…+0.74% · median −0.03%
Long pays every4hShort pays every1h
LONGmaker0.018%/taker0.038%SHORTmaker0%/taker0.025%
Loading Funding History…
↗Total PnL
−$29.57
−0.30%
$Avg Daily PnL
+$1.08
+0.0108%
★Best Day
+$3.97
Oct 20
◎Open Interest
⚡Funding APR
+3.96%
annualized · funding only
⚠Execution Cost
−$37.16
entry + exit fees
⏱Payback
1.1mo
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 (−$37.16 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.