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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 ~1.3d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+60.09%
1d Period Avg+22.54%
swing±57.75%
LONG Hotcoin · now
−49.14%
1d avg:+0.03%
SHORT TxFlow · now
+10.96%
1d avg:+22.57%
Entry Spread Now
−0.009%
NeutralL 1,369.06 · S 1,368.94
24h range −0.26%…+0.13% · median −0.01%
Long pays every4hShort pays every1h
LONGmaker0.020%/taker0.060%SHORTmaker0.015%/taker0.045%
Loading Funding History…
↗Total PnL
−$14.16
−0.14%
$Avg Daily PnL
+$6.84
+0.0684%
★Best Day
+$4.98
Oct 2
◎Open Interest
⚡Funding APR
+24.98%
annualized · funding only
⚠Execution Cost
−$21.00
entry + exit fees
⏱Payback
3.1d
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 (−$21.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.