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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 ~0.5d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+92.67%
30d Period Avg+14.27%
swing±16.58%
LONG Variational · now
−79.52%
30d avg:−3.00%
SHORT Hotcoin · now
+13.15%
30d avg:+11.27%
Entry Spread Now
−0.065%
Against youL 0.05423 · S 0.05419−$6.45 if it converges
24h range −0.74%…+0.41% · median +0.06%
Long pays every4hShort pays every4h
LONGmaker0%/taker0%SHORTmaker0.020%/taker0.060%
Loading Funding History…
↗Total PnL
+$105.18
+1.05%
$Avg Daily PnL
+$3.91
+0.0391%
★Best Day
+$9.85
Sep 23
◎Open Interest
⚡Funding APR
+14.26%
annualized · funding only
⚠Execution Cost
−$12.00
entry + exit fees
⏱Payback
3.1d
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 (−$12.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.