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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 ~20d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+4.49%
30d Period Avg−1.95%
swing±17.99%
LONG Binance Futures · now
+10.96%
30d avg:+12.18%
SHORT Gate.io · now
+15.45%
30d avg:+10.23%
Entry Spread Now
+0.000%
NeutralL 0.3554 · S 0.3554
24h range −0.69%…+0.19% · median −0.06%
Long pays every4hShort pays every8h
LONGmaker0.020%/taker0.050%SHORTmaker-0.010%/taker0.075%
Loading Funding History…
↗Total PnL
−$39.83
−0.40%
$Avg Daily PnL
−$0.49
−0.0049%
★Best Day
+$5.93
Sep 30
◎Open Interest
⚡Funding APR
−1.80%
annualized · funding only
⚠Execution Cost
−$25.00
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 (−$25.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.