← Back to Screener
updated —Funding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding never covers this cost
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
−0.74%
3d Period Avg+4.94%
swing±7.34%
LONG Gate.io · now
+6.36%
3d avg:+2.81%
SHORT Hotcoin · now
+5.61%
3d avg:+7.75%
Entry Spread Now
−0.595%
Against youL 0.7561 · S 0.7516−$59.52 if it converges
24h range −0.37%…+0.56% · median −0.04%
Long pays every8hShort pays every8h
LONGmaker-0.010%/taker0.075%SHORTmaker0.020%/taker0.060%
Loading Funding History…
↗Total PnL
−$22.94
−0.23%
$Avg Daily PnL
+$1.35
+0.0135%
★Best Day
+$1.93
Oct 21
◎Open Interest
Gate.io$7.39M
Hotcoin$1.72M⚡Funding APR
+4.94%
annualized · funding only
⚠Execution Cost
−$27.00
entry + exit fees
⏱Payback
20.0d
to break even
◧24h Volume
Gate.io$2.34MHotcoin$3.12MLoading 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 (−$27.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.