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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
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
−23.49%
3d Period Avg+11.26%
swing±27.06%
LONG WEEX · now
+23.98%
3d avg:+29.28%
SHORT Hotcoin · now
+0.49%
3d avg:+40.54%
Entry Spread Now
+0.311%
In your favorL 9.6400 · S 9.6700+$31.12 if it converges
24h range −0.21%…+0.41% · median +0.10%
Long pays every4hShort pays every4h
LONGmaker0.020%/taker0.080%SHORTmaker0.020%/taker0.060%
Loading Funding History…
↗Total PnL
−$18.76
−0.19%
$Avg Daily PnL
+$3.08
+0.0308%
★Best Day
+$6.67
Sep 29
◎Open Interest
⚡Funding APR
+11.25%
annualized · funding only
⚠Execution Cost
−$28.00
entry + exit fees
⏱Payback
9.1d
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 (−$28.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.