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updated 8:37:13 PMFunding Arbitrage Backtester
Size$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding never covers this cost
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
−5.28%
3d Period Avg−3.23%
LONG Ondo · nowAMZN-USD.P
+5.52%
3d avg:+6.25%
SHORT Hotcoin · now
+0.24%
3d avg:+3.02%
Entry Spread Now
+0.092%
In your favorL ask 261.3200 · S bid 261.5600+$9.18 at entry
24h range −0.03%…+0.34% · median +0.17%
Long pays every1hShort pays every8h
LONGmaker0.015%/taker0.035%SHORTmaker0.020%/taker0.060%
Loading Funding History…
↗Total PnL
−$28.51
−0.29%
$Avg Daily PnL
−$0.53
−0.0053%
★Best Day
+$0.88
Aug 17
◎Open Interest
Ondo$1.29M
Hotcoin$2.63M⚡Funding APR
−1.94%
annualized · funding only
⚠Execution Cost
−$26.38
entry + exit fees
⏱Payback
never
to break even
◧24h Volume
Ondo$579.0KHotcoin—Loading 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 (−$26.38 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.