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updated 9:39:56 PMFunding Arbitrage Backtester
Size$
R-trip cost
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+85.03%
3d Period Avg+72.46%
LONG Lighter · now
+2.63%
3d avg:−3.80%
SHORT Bullet · now
+87.66%
3d avg:+68.66%
Entry Spread Now
+0.063%
Eaten by executionL 1.1460 · S 1.1468+$6.35 if it converges
24h range −0.42%…+0.27% · median +0.01%
Long pays every1hShort pays every1h
LONGmaker0%/taker0%SHORTmaker0.010%/taker0.040%
Loading Funding History…
↗Total PnL
+$46.73
+0.47%
$Avg Daily PnL
+$14.88
+0.1488%
★Best Day
+$25.77
Jul 20
◎Open Interest
⚡Funding APR
+54.30%
annualized · funding only
⚠Execution Cost
−$12.78
entry + exit fees
⏱Payback
20.6h
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 (−$12.78 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.