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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
−6.42%
7d Period Avg+116.80%
swing±163.45%
LONG Bitget · now
+6.14%
7d avg:−73.32%
SHORT Hotcoin · now
−0.29%
7d avg:+43.48%
Entry Spread Now
−0.175%
Against youL 0.0009718 · S 0.0009701−$17.49 if it converges
24h range −0.25%…+0.29% · median −0.01%
Long pays every4hShort pays every4h
LONGmaker0.020%/taker0.060%SHORTmaker0.020%/taker0.060%
Loading Funding History…
↗Total PnL
+$199.85
+2.00%
$Avg Daily PnL
+$31.98
+0.3198%
★Best Day
+$87.32
Sep 21
◎Open Interest
⚡Funding APR
+116.72%
annualized · funding only
⚠Execution Cost
−$24.00
entry + exit fees
⏱Payback
18.0h
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.