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updated 1:02:39 PMFunding Arbitrage Backtester
Size$
R-trip cost
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
−128.79%
1d Period Avg+38.14%
LONG Pacifica · now
+10.96%
1d avg:+2.14%
SHORT Bullet · now
−117.83%
1d avg:+40.28%
Entry Spread Now
−0.076%
Against youL ask 541.5600 · S bid 541.1500−$7.57 at entry
24h range −0.64%…+0.73% · median −0.01%
Long pays every1hShort pays every1h
LONGmaker0.015%/taker0.040%SHORTmaker0.010%/taker0.040%
Loading Funding History…
↗Total PnL
−$13.76
−0.14%
$Avg Daily PnL
+$4.58
+0.0458%
★Best Day
+$7.87
Jul 20
◎Open Interest
Pacifica$869.5K
Bullet$24.0K⚡Funding APR
+16.71%
annualized · funding only
⚠Execution Cost
−$22.91
entry + exit fees
⏱Payback
5.0d
to break even
◧24h Volume
Pacifica$693.3KBullet$92.4KLoading 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 (−$22.91 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.