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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 ~1.7d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+48.25%
3d Period Avg+23.45%
swing±33.60%
LONG Bybit · now
+0.00%
3d avg:+10.72%
SHORT Hotcoin · now
+48.25%
3d avg:+34.17%
Entry Spread Now
−0.518%
Against youL 17.3600 · S 17.2700−$51.84 if it converges
24h range −0.17%…+0.23% · median +0.00%
Long pays every8hShort pays every8h
LONGmaker0.020%/taker0.055%SHORTmaker0.020%/taker0.060%
Loading Funding History…
↗Total PnL
−$3.74
−0.04%
$Avg Daily PnL
+$6.42
+0.0642%
★Best Day
+$8.52
Sep 28
◎Open Interest
⚡Funding APR
+23.43%
annualized · funding only
⚠Execution Cost
−$23.00
entry + exit fees
⏱Payback
3.6d
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 (−$23.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.