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updated 2:18:01 AMFunding Arbitrage Backtester
Size$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding covers it in ~1.1d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+40.44%
30d Period Avg+6.18%
LONG Variational · now
−32.20%
30d avg:+3.34%
SHORT Hotcoin · now
+8.24%
30d avg:+9.52%
Entry Spread Now
+0.064%
In your favorL 3.9854 · S 3.9880+$6.42 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
+$37.75
+0.38%
$Avg Daily PnL
+$1.60
+0.0160%
★Best Day
+$7.37
Jul 29
◎Open Interest
Variational$8.3K
Hotcoin$306.7K⚡Funding APR
+5.86%
annualized · funding only
⚠Execution Cost
−$12.00
entry + exit fees
⏱Payback
7.5d
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.