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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 ~4.1d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+20.26%
3d Period Avg+9.67%
swing±17.39%
LONG Bybit · now
+10.96%
3d avg:+17.12%
SHORT Hotcoin · now
+31.22%
3d avg:+26.79%
Entry Spread Now
−0.339%
Against youL 0.05610 · S 0.05591−$33.87 if it converges
24h range −0.43%…+0.19% · median −0.14%
Long pays every4hShort pays every4h
LONGmaker0.020%/taker0.055%SHORTmaker0.020%/taker0.060%
Loading Funding History…
↗Total PnL
−$15.06
−0.15%
$Avg Daily PnL
+$2.65
+0.0265%
★Best Day
+$5.50
Sep 27
◎Open Interest
⚡Funding APR
+9.66%
annualized · funding only
⚠Execution Cost
−$23.00
entry + exit fees
⏱Payback
8.7d
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 (−$23.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.