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updated βFunding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg Β· +$20000.00 turnover Β· funding never covers this cost
β Slippage not modeled β actual cost may differ
Funding ArbitrageLooking at price convergence? β /price-pair
Current Net APR Β· Snapshot
β3.29%
3d Period Avgβ3.95%
swingΒ±2.76%
LONG Hotcoin Β· now
+14.24%
3d avg:+14.24%
SHORT Bybit Β· now
+10.96%
3d avg:+10.29%
Entry Spread Now
β0.142%
Against youL 0.2819 Β· S 0.2815β$14.19 if it converges
24h range β0.97%β¦+0.68% Β· median β0.03%
Long pays every4hShort pays every4h
LONGmaker0.020%/taker0.060%SHORTmaker0.020%/taker0.055%
Loading Funding Historyβ¦
βTotal PnL
β$26.22
β0.26%
$Avg Daily PnL
β$1.07
β0.0107%
β
Best Day
β$0.90
Oct 15
βOpen Interest
Hotcoin$0
Bybit$11.03Mβ‘Funding APR
β3.92%
annualized Β· funding only
β Execution Cost
β$23.00
entry + exit fees
β±Payback
never
to break even
β§24h Volume
Hotcoin$2.43MBybit$11.24MLoading Cumulative PnLβ¦
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 (β$23.00 for size $10,000). Slippage scales nonlinearly with position size β try a larger size to see thin upper levels run out.