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updated 6:46:22 PMFunding Arbitrage Backtester
Size$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding covers it in ~1.8d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+46.38%
7d Period Avg+225.87%
LONG Hotcoin · now
−35.42%
7d avg:−70.54%
SHORT Bybit · now
+10.96%
7d avg:+155.33%
Entry Spread Now
−0.565%
Against youL 0.3573 · S 0.3553−$56.54 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
+$403.93
+4.04%
$Avg Daily PnL
+$53.37
+0.5337%
★Best Day
+$94.11
Aug 15
◎Open Interest
Hotcoin$6.59M
Bybit$17.89M⚡Funding APR
+194.79%
annualized · funding only
⚠Execution Cost
−$23.00
entry + exit fees
⏱Payback
10.3h
to break even
◧24h Volume
Hotcoin—Bybit$52.11MLoading 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.