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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 ~3.8d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+22.24%
7d Period Avg+14.76%
swing±22.11%
LONG Bybit · now
+0.00%
7d avg:+11.91%
SHORT Hotcoin · now
+22.24%
7d avg:+26.67%
Entry Spread Now
−0.027%
Eaten by executionL 110.1000 · S 110.0700−$2.72 if it converges
24h range −0.33%…+0.08% · median +0.00%
Long pays every8hShort pays every8h
LONGmaker0.020%/taker0.055%SHORTmaker0.020%/taker0.060%
Loading Funding History…
↗Total PnL
+$5.28
+0.05%
$Avg Daily PnL
+$4.04
+0.0404%
★Best Day
+$9.49
Sep 26
◎Open Interest
⚡Funding APR
+14.75%
annualized · funding only
⚠Execution Cost
−$23.00
entry + exit fees
⏱Payback
5.7d
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 (−$23.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.