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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 ~21d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+4.24%
3d Period Avg−1.27%
swing±3.95%
LONG BloFin · now
+6.72%
3d avg:+12.42%
SHORT Hotcoin · now
+10.96%
3d avg:+11.15%
Entry Spread Now
−0.116%
Eaten by executionL 0.02594 · S 0.02591−$11.57 if it converges
24h range −0.49%…+0.80% · median −0.04%
Long pays every4hShort pays every4h
LONGmaker0.020%/taker0.060%SHORTmaker0.020%/taker0.060%
Loading Funding History…
↗Total PnL
−$25.04
−0.25%
$Avg Daily PnL
−$0.35
−0.0035%
★Best Day
+$0.06
Sep 29
◎Open Interest
⚡Funding APR
−1.26%
annualized · funding only
⚠Execution Cost
−$24.00
entry + exit fees
⏱Payback
never
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.