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updated 4:02:37 AMFunding Arbitrage Backtester
Size$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding covers it in ~0.6d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+70.84%
3d Period Avg+37.10%
LONG Hotcoin · now
+5.48%
3d avg:+26.92%
SHORT Variational · now
+76.31%
3d avg:+64.02%
Entry Spread Now
+0.069%
In your favorL 0.5095 · S 0.5099+$6.87 if it converges
24h range −0.42%…+0.13% · median −0.11%
Long pays every8hShort pays every4h
LONGmaker0.020%/taker0.060%SHORTmaker0%/taker0%
Loading Funding History…
↗Total PnL
−$2.21
−0.02%
$Avg Daily PnL
+$2.45
+0.0245%
★Best Day
+$11.89
Aug 16
◎Open Interest
Hotcoin$523.0K
Variational$8.0K⚡Funding APR
+8.93%
annualized · funding only
⚠Execution Cost
−$12.00
entry + exit fees
⏱Payback
4.9d
to break even
◧24h Volume
Hotcoin—Variational$0Loading 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 (−$12.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.