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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
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+0.00%
3d Period Avg+4.08%
swing±12.88%
LONG Variational · now
+10.96%
3d avg:+4.69%
SHORT Hotcoin · now
+10.96%
3d avg:+8.77%
Entry Spread Now
+0.348%
In your favorL 0.004257 · S 0.004272+$34.76 if it converges
24h range −0.36%…+0.52% · median +0.08%
Long pays every8hShort pays every8h
LONGmaker0%/taker0%SHORTmaker0.020%/taker0.060%
Loading Funding History…
↗Total PnL
−$8.65
−0.09%
$Avg Daily PnL
+$1.12
+0.0112%
★Best Day
+$2.46
Sep 29
◎Open Interest
⚡Funding APR
+4.07%
annualized · funding only
⚠Execution Cost
−$12.00
entry + exit fees
⏱Payback
10.8d
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 (−$12.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.