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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
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
−2.19%
30d Period Avg−0.52%
swing±4.76%
LONG BloFin · now
+13.15%
30d avg:+10.52%
SHORT Hotcoin · now
+10.96%
30d avg:+10.00%
Entry Spread Now
+0.035%
Eaten by executionL 0.5761 · S 0.5763+$3.47 if it converges
24h range −1.13%…+0.73% · median +0.10%
Long pays every4hShort pays every4h
LONGmaker0.020%/taker0.060%SHORTmaker0.020%/taker0.060%
Loading Funding History…
↗Total PnL
−$28.31
−0.28%
$Avg Daily PnL
−$0.14
−0.0014%
★Best Day
+$0.65
Sep 17
◎Open Interest
⚡Funding APR
−0.52%
annualized · funding only
⚠Execution Cost
−$24.00
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 (−$24.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.