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updated —Funding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding never covers this cost
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+0.00%
3d Period Avg+0.06%
swing±0.26%
LONG Binance Futures · now
+10.96%
3d avg:+10.96%
SHORT Hotcoin · now
+10.96%
3d avg:+11.02%
Entry Spread Now
+0.046%
Eaten by executionL 0.2206 · S 0.2207+$4.58 if it converges
24h range −0.36%…+0.89% · median +0.01%
Long pays every4hShort pays every4h
LONGmaker0.020%/taker0.050%SHORTmaker0.020%/taker0.060%
Loading Funding History…
↗Total PnL
−$59.01
−0.59%
$Avg Daily PnL
+$0.02
+0.0002%
★Best Day
+$0.05
Sep 30
◎Open Interest
⚡Funding APR
+0.06%
annualized · funding only
⚠Execution Cost
−$59.06
entry + exit fees
⏱Payback
118.1mo
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 (−$59.06 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.