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updated —Funding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding covers it in ~11d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+8.03%
3d Period Avg+1.23%
swing±3.71%
LONG Hotcoin · now
+10.96%
3d avg:+10.83%
SHORT Toobit · nowASTER-SWAP-USDT
+18.99%
3d avg:+12.06%
Entry Spread Now
−0.028%
Eaten by executionL 0.7229 · S 0.7227−$2.77 if it converges
24h range −0.22%…+0.36% · median +0.00%
Long pays every4hShort pays every4h
LONGmaker0.020%/taker0.060%SHORTmaker0.020%/taker0.060%
Loading Funding History…
↗Total PnL
−$21.26
−0.21%
$Avg Daily PnL
+$0.91
+0.0091%
★Best Day
+$1.63
Sep 25
◎Open Interest
⚡Funding APR
+3.33%
annualized · funding only
⚠Execution Cost
−$24.00
entry + exit fees
⏱Payback
26.3d
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 (−$24.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.