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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 ~3.5d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+25.20%
7d Period Avg+16.97%
swing±9.71%
LONG Hotcoin · now
−14.24%
7d avg:−7.23%
SHORT Bitget · now
+10.96%
7d avg:+9.74%
Entry Spread Now
−0.207%
Against youL 0.1064 · S 0.1061−$20.68 if it converges
24h range −1.22%…+0.83% · median +0.04%
Long pays every4hShort pays every4h
LONGmaker0.020%/taker0.060%SHORTmaker0.020%/taker0.060%
Loading Funding History…
↗Total PnL
+$8.89
+0.09%
$Avg Daily PnL
+$4.70
+0.0470%
★Best Day
+$5.75
Sep 23
◎Open Interest
⚡Funding APR
+17.15%
annualized · funding only
⚠Execution Cost
−$24.00
entry + exit fees
⏱Payback
5.1d
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 (−$24.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.