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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
+79.45%
30d Period Avg+122.94%
swing±103.89%
LONG Lighter · now
+10.52%
30d avg:+8.37%
SHORT Crypto.com · nowZKUSD-PERP
+89.97%
30d avg:+131.31%
Entry Spread Now
−0.004%
NeutralL 0.01199 · S 0.01198
24h range −0.80%…+1.25% · median −0.01%
Long pays every1hShort pays every1h
LONGmaker0%/taker0%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
+$982.08
+9.82%
$Avg Daily PnL
+$33.07
+0.3307%
★Best Day
+$84.75
Sep 6
◎Open Interest
⚡Funding APR
+120.70%
annualized · funding only
⚠Execution Cost
−$10.00
entry + exit fees
⏱Payback
7.2h
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 (−$10.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.