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updated βFunding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg Β· +$20000.00 turnover Β· funding never covers this cost
β Slippage not modeled β actual cost may differ
Funding ArbitrageLooking at price convergence? β /price-pair
Current Net APR Β· Snapshot
+0.00%
3d Period Avgβ4.61%
swingΒ±11.99%
LONG Hotcoin Β· now
+10.96%
3d avg:+6.28%
SHORT Bybit Β· now
+10.96%
3d avg:+1.67%
Entry Spread Now
+0.000%
NeutralL 1.7560 Β· S 1.7560
24h range β0.50%β¦+0.45% Β· median +0.00%
Long pays every4hShort pays every4h
LONGmaker0.020%/taker0.060%SHORTmaker0.020%/taker0.055%
Loading Funding Historyβ¦
βTotal PnL
β$27.11
β0.27%
$Avg Daily PnL
β$1.37
β0.0137%
β
Best Day
+$0.00
Oct 21
βOpen Interest
β‘Funding APR
β5.00%
annualized Β· funding only
β Execution Cost
β$23.00
entry + exit fees
β±Payback
never
to break even
β§24h Volume
Loading Cumulative PnLβ¦
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 (β$23.00 for size $10,000). Slippage scales nonlinearly with position size β try a larger size to see thin upper levels run out.