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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
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+0.00%
3d Period Avg+7.94%
swing±14.00%
LONG Bybit · now
+10.96%
3d avg:+2.78%
SHORT Hotcoin · now
+10.96%
3d avg:+10.72%
Entry Spread Now
+0.279%
In your favorL 0.001002 · S 0.001005+$27.93 if it converges
24h range −0.41%…+0.71% · median +0.00%
Long pays every4hShort pays every4h
LONGmaker0.020%/taker0.055%SHORTmaker0.020%/taker0.060%
Loading Funding History…
↗Total PnL
−$44.50
−0.45%
$Avg Daily PnL
+$2.18
+0.0218%
★Best Day
+$5.46
Sep 28
◎Open Interest
⚡Funding APR
+7.94%
annualized · funding only
⚠Execution Cost
−$51.03
entry + exit fees
⏱Payback
23.5d
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 (−$51.03 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.