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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
−121.02%
3d Period Avg−6.13%
swing±75.56%
LONG Bybit · now
+163.03%
3d avg:+24.23%
SHORT Hotcoin · now
+42.01%
3d avg:+18.10%
Entry Spread Now
−0.152%
Against youL 0.1381 · S 0.1379−$15.21 if it converges
24h range −7.03%…+10.90% · median +0.00%
Long pays every4hShort pays every4h
LONGmaker0.020%/taker0.055%SHORTmaker0.020%/taker0.060%
Loading Funding History…
↗Total PnL
−$28.04
−0.28%
$Avg Daily PnL
−$1.68
−0.0168%
★Best Day
+$6.22
Sep 28
◎Open Interest
⚡Funding APR
−6.13%
annualized · funding only
⚠Execution Cost
−$23.00
entry + exit fees
⏱Payback
never
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 (−$23.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.