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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 ~4.3d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+20.26%
3d Period Avg+15.83%
swing±13.45%
LONG Bitget · now
+10.96%
3d avg:+10.96%
SHORT Hotcoin · now
+31.22%
3d avg:+26.79%
Entry Spread Now
+0.054%
Eaten by executionL 0.05588 · S 0.05591+$5.37 if it converges
24h range −0.31%…+0.26% · median +0.02%
Long pays every4hShort pays every4h
LONGmaker0.020%/taker0.060%SHORTmaker0.020%/taker0.060%
Loading Funding History…
↗Total PnL
−$10.99
−0.11%
$Avg Daily PnL
+$4.34
+0.0434%
★Best Day
+$5.50
Sep 27
◎Open Interest
⚡Funding APR
+15.82%
annualized · funding only
⚠Execution Cost
−$24.00
entry + exit fees
⏱Payback
5.5d
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.