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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
+48.48%
3d Period Avg−59.04%
swing±133.01%
LONG Crypto.com · nowTENCENTUSD-PERP
−26.57%
3d avg:+79.81%
SHORT Hotcoin · now
+21.92%
3d avg:+20.77%
Entry Spread Now
+0.037%
Eaten by executionL 54.7700 · S 54.7900+$3.65 if it converges
24h range −0.05%…+0.09% · median +0.02%
Long pays every1hShort pays every4h
LONGmaker0.020%/taker0.050%SHORTmaker0.020%/taker0.060%
Loading Funding History…
↗Total PnL
−$62.03
−0.62%
$Avg Daily PnL
−$13.34
−0.1334%
★Best Day
+$1.89
Oct 1
◎Open Interest
⚡Funding APR
−48.70%
annualized · funding only
⚠Execution Cost
−$22.00
entry + exit fees
⏱Payback
never
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 (−$22.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.