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updated 11:57:41 AMFunding Arbitrage Backtester
Size$
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
+21.14%
3d Period Avg+19.43%
LONG Hotcoin · now
+5.48%
3d avg:+5.48%
SHORT Toobit · nowOPEN-SWAP-USDT
+26.62%
3d avg:+24.91%
Entry Spread Now
+0.058%
Eaten by executionL 0.1732 · S 0.1733+$5.77 if it converges
24h range −0.46%…+0.29% · median −0.05%
Long pays every8hShort pays every4h
LONGmaker0.020%/taker0.060%SHORTmaker0.020%/taker0.060%
Loading Funding History…
↗Total PnL
−$9.87
−0.10%
$Avg Daily PnL
+$3.53
+0.0353%
★Best Day
+$7.15
Aug 15
◎Open Interest
Hotcoin$639.5K
Toobit$26.5K⚡Funding APR
+12.89%
annualized · funding only
⚠Execution Cost
−$24.00
entry + exit fees
⏱Payback
6.8d
to break even
◧24h Volume
Hotcoin—Toobit$8.06MLoading 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.