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updated 8:33:51 PMFunding Arbitrage Backtester
Size$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding covers it in ~1.9d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+45.31%
3d Period Avg+262.46%
LONG Hotcoin · now
−34.35%
3d avg:−103.54%
SHORT Bybit · now
+10.96%
3d avg:+158.92%
Entry Spread Now
−0.327%
Against youL 0.3548 · S 0.3537−$32.69 if it converges
24h range −2.77%…+3.31% · median −0.21%
Long pays every8hShort pays every4h
LONGmaker0.020%/taker0.060%SHORTmaker0.020%/taker0.055%
Loading Funding History…
↗Total PnL
+$197.00
+1.97%
$Avg Daily PnL
+$73.33
+0.7333%
★Best Day
+$94.11
Aug 15
◎Open Interest
Hotcoin$6.28M
Bybit$17.86M⚡Funding APR
+267.67%
annualized · funding only
⚠Execution Cost
−$23.00
entry + exit fees
⏱Payback
7.4h
to break even
◧24h Volume
Hotcoin—Bybit$47.88MLoading 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.