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updated 3:19:33 AMFunding Arbitrage Backtester
Size$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding covers it in ~16d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+5.50%
3d Period Avg+5.53%
LONG Hotcoin · now
+5.48%
3d avg:+5.48%
SHORT Toobit · nowFORM-SWAP-USDT
+10.98%
3d avg:+11.01%
Entry Spread Now
+0.097%
Eaten by executionL 0.2057 · S 0.2059+$9.72 if it converges
24h range −1.69%…+0.96% · median +0.00%
Long pays every8hShort pays every4h
LONGmaker0.020%/taker0.060%SHORTmaker0.020%/taker0.060%
Loading Funding History…
↗Total PnL
−$19.96
−0.20%
$Avg Daily PnL
+$1.01
+0.0101%
★Best Day
+$1.51
Aug 16
◎Open Interest
Hotcoin$389.2K
Toobit$35.1K⚡Funding APR
+3.69%
annualized · funding only
⚠Execution Cost
−$24.00
entry + exit fees
⏱Payback
23.8d
to break even
◧24h Volume
Hotcoin—Toobit$637.3KLoading 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 (−$24.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.