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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 ~18d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+4.99%
7d Period Avg+22.54%
swing±20.69%
LONG Bitget · now
+10.96%
7d avg:+12.43%
SHORT Hotcoin · now
+15.94%
7d avg:+34.97%
Entry Spread Now
+0.234%
In your favorL 0.05547 · S 0.05560+$23.44 if it converges
24h range −0.25%…+0.26% · median +0.02%
Long pays every4hShort pays every4h
LONGmaker0.020%/taker0.060%SHORTmaker0.020%/taker0.060%
Loading Funding History…
↗Total PnL
+$19.19
+0.19%
$Avg Daily PnL
+$6.17
+0.0617%
★Best Day
+$10.54
Sep 22
◎Open Interest
⚡Funding APR
+22.52%
annualized · funding only
⚠Execution Cost
−$24.00
entry + exit fees
⏱Payback
3.9d
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.