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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 ~1.4d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+60.48%
3d Period Avg+19.95%
swing±10.60%
LONG Bitunix · now
−17.86%
3d avg:−17.86%
SHORT Hotcoin · now
+42.62%
3d avg:+2.09%
Entry Spread Now
−0.173%
Against youL 11.5600 · S 11.5400−$17.30 if it converges
24h range −1.09%…+0.51% · median −0.04%
Long pays every8hShort pays every8h
LONGmaker0.020%/taker0.060%SHORTmaker0.020%/taker0.060%
Loading Funding History…
↗Total PnL
−$7.62
−0.08%
$Avg Daily PnL
+$5.46
+0.0546%
★Best Day
+$7.51
Sep 29
◎Open Interest
⚡Funding APR
+19.93%
annualized · funding only
⚠Execution Cost
−$24.00
entry + exit fees
⏱Payback
4.4d
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.