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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 ~3.6d
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+67.30%
7d Period Avg+30.05%
swing±64.69%
LONG Bitget · now
+10.96%
7d avg:+71.31%
SHORT Hotcoin · now
+78.26%
7d avg:+101.36%
Entry Spread Now
−0.130%
Eaten by executionL 0.02304 · S 0.02301−$13.02 if it converges
24h range −0.64%…+0.17% · median −0.34%
Long pays every4hShort pays every4h
LONGmaker0.020%/taker0.060%SHORTmaker0.020%/taker0.060%
Loading Funding History…
↗Total PnL
−$9.46
−0.09%
$Avg Daily PnL
+$8.23
+0.0823%
★Best Day
+$23.52
Sep 22
◎Open Interest
⚡Funding APR
+30.03%
annualized · funding only
⚠Execution Cost
−$67.05
entry + exit fees
⏱Payback
8.2d
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 (−$67.05 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.