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updated 3:57:14 AMFunding Arbitrage Backtester
Size$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding covers it in ~1.4d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+32.35%
3d Period Avg+13.49%
LONG Variational · now
−22.63%
3d avg:−2.11%
SHORT Hotcoin · now
+9.72%
3d avg:+11.38%
Entry Spread Now
+0.089%
In your favorL 3.9974 · S 4.0010+$8.92 if it converges
24h range −0.08%…+0.49% · median +0.11%
Long pays every8hShort pays every8h
LONGmaker0%/taker0%SHORTmaker0.020%/taker0.060%
Loading Funding History…
↗Total PnL
−$1.92
−0.02%
$Avg Daily PnL
+$2.52
+0.0252%
★Best Day
+$4.03
Aug 17
◎Open Interest
Variational$8.4K
Hotcoin$307.7K⚡Funding APR
+9.20%
annualized · funding only
⚠Execution Cost
−$12.00
entry + exit fees
⏱Payback
4.8d
to break even
◧24h Volume
Variational$7.0KHotcoin—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.