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updated —BTC Funding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding covers it in ~1.2d
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+57.86%
3d Period Avg+59.83%
swing±31.12%
LONG Hibachi · nowBTC/USDT-P
+29.80%
3d avg:+14.00%
SHORT Bullet · now
+87.66%
3d avg:+73.83%
Entry Spread Now
+0.030%
In your favorL ask 78,055.8 · S bid 78,079+$2.97 at entry
24h range −0.02%…+0.09% · median +0.04%
Long pays every1hShort pays every1h
LONGmaker0%/taker0.045%SHORTmaker0.010%/taker0.040%
Loading Funding History…
↗Total PnL
+$29.53
+0.30%
$Avg Daily PnL
+$16.38
+0.1638%
★Best Day
+$18.76
Oct 31
◎Open Interest
⚡Funding APR
+59.79%
annualized · funding only
⚠Execution Cost
−$19.61
entry + exit fees
⏱Payback
1.2d
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 + live L2 orderbook slippage on both legs (−$19.61 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.