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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+4.54%
swing±10.60%
LONG Binance Futures · now
+10.96%
3d avg:−0.62%
SHORT Hotcoin · now
+10.96%
3d avg:+3.92%
Entry Spread Now
−0.019%
NeutralL 0.2228 · S 0.2228
24h range −1.00%…+0.63% · median −0.01%
Long pays every8hShort pays every8h
LONGmaker0.020%/taker0.050%SHORTmaker0.020%/taker0.060%
Loading Funding History…
↗Total PnL
−$18.27
−0.18%
$Avg Daily PnL
+$1.24
+0.0124%
★Best Day
+$3.49
Sep 25
◎Open Interest
⚡Funding APR
+4.53%
annualized · funding only
⚠Execution Cost
−$22.00
entry + exit fees
⏱Payback
17.7d
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 (−$22.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.