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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 ~123d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+0.71%
3d Period Avg−0.33%
swing±0.53%
LONG Bitunix · now
+6.96%
3d avg:+5.46%
SHORT Hotcoin · now
+7.67%
3d avg:+5.13%
Entry Spread Now
−0.450%
Against youL 0.02891 · S 0.02878−$44.97 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
−$24.27
−0.24%
$Avg Daily PnL
−$0.09
−0.0009%
★Best Day
−$0.06
Sep 30
◎Open Interest
⚡Funding APR
−0.33%
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.