← Back to Screener
updated —Funding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding covers it in ~0.1d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+1001.52%
3d Period Avg+228.16%
swing±146.46%
LONG Coinbase International · nowALT-PERP
−990.56%
3d avg:−217.20%
SHORT Hotcoin · now
+10.96%
3d avg:+10.96%
Entry Spread Now
−0.269%
Against youL 0.007821 · S 0.007800−$26.85 if it converges
24h range −0.20%…+5.11% · median +0.22%
Long pays every1hShort pays every4h
LONGmaker0.020%/taker0.040%SHORTmaker0.020%/taker0.060%
Loading Funding History…
↗Total PnL
+$68.17
+0.68%
$Avg Daily PnL
+$29.39
+0.2939%
★Best Day
+$55.21
Sep 30
◎Open Interest
Coinbase International$2.4K
Hotcoin$171.3K⚡Funding APR
+107.27%
annualized · funding only
⚠Execution Cost
−$20.00
entry + exit fees
⏱Payback
16.3h
to break even
◧24h Volume
Coinbase International$95Hotcoin$278.0KLoading 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 (−$20.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.