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updated 9:56:46 PMFunding Arbitrage Backtester
Size$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding covers it in ~2.8d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+29.90%
3d Period Avg−42.64%
LONG Bybit · now
+77.98%
3d avg:+4.73%
SHORT Hotcoin · now
+107.89%
3d avg:−37.91%
Entry Spread Now
+0.140%
In your favorL 28.5700 · S 28.6100+$14.00 if it converges
24h range −0.19%…+1.22% · median +0.05%
Long pays every8hShort pays every8h
LONGmaker0.020%/taker0.055%SHORTmaker0.020%/taker0.060%
Loading Funding History…
↗Total PnL
−$58.02
−0.58%
$Avg Daily PnL
−$11.67
−0.1167%
★Best Day
+$0.11
Aug 16
◎Open Interest
Bybit$572.3K
Hotcoin$97.6K⚡Funding APR
−42.60%
annualized · funding only
⚠Execution Cost
−$23.00
entry + exit fees
⏱Payback
never
to break even
◧24h Volume
Bybit$676.6KHotcoin—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.