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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
−3.57%
30d Period Avg+0.09%
swing±3.68%
LONG BloFin · now
−16.28%
30d avg:+1.55%
SHORT Hotcoin · now
−19.85%
30d avg:+1.64%
Entry Spread Now
−0.202%
Against youL 0.04451 · S 0.04442−$20.22 if it converges
24h range −0.32%…+0.46% · median +0.02%
Long pays every4hShort pays every4h
LONGmaker0.020%/taker0.060%SHORTmaker0.020%/taker0.060%
Loading Funding History…
↗Total PnL
−$23.31
−0.23%
$Avg Daily PnL
+$0.02
+0.0002%
★Best Day
+$0.78
Sep 26
◎Open Interest
⚡Funding APR
+0.08%
annualized · funding only
⚠Execution Cost
−$24.00
entry + exit fees
⏱Payback
34.8mo
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.