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updated —Funding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding covers it in ~23d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+3.77%
3d Period Avg−0.33%
swing±0.56%
LONG Bitunix · now
+7.19%
3d avg:+5.24%
SHORT Hotcoin · now
+10.96%
3d avg:+4.91%
Entry Spread Now
+0.172%
In your favorL 0.02903 · S 0.02908+$17.22 if it converges
24h range −0.52%…+0.42% · median −0.03%
Long pays every8hShort pays every8h
LONGmaker0.020%/taker0.060%SHORTmaker0.020%/taker0.060%
Loading Funding History…
↗Total PnL
−$24.24
−0.24%
$Avg Daily PnL
−$0.08
−0.0008%
★Best Day
−$0.06
Sep 30
◎Open Interest
⚡Funding APR
−0.30%
annualized · funding only
⚠Execution Cost
−$24.00
entry + exit fees
⏱Payback
never
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 (−$24.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.