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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 ~8.0d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+10.96%
3d Period Avg−0.11%
swing±0.45%
LONG Bitunix · now
+10.96%
3d avg:+10.46%
SHORT Hotcoin · now
+21.92%
3d avg:+10.35%
Entry Spread Now
+0.054%
Eaten by executionL 0.01847 · S 0.01848+$5.41 if it converges
24h range −1.10%…+1.24% · median +0.00%
Long pays every4hShort pays every4h
LONGmaker0.020%/taker0.060%SHORTmaker0.020%/taker0.060%
Loading Funding History…
↗Total PnL
−$24.09
−0.24%
$Avg Daily PnL
−$0.03
−0.0003%
★Best Day
+$0.00
Sep 28
◎Open Interest
⚡Funding APR
−0.10%
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.