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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
−193.43%
3d Period Avg+118.23%
swing±184.31%
LONG Gate.io · now
−1789.14%
3d avg:+87.66%
SHORT Bybit · now
−1982.57%
3d avg:+205.89%
Entry Spread Now
+1.887%
In your favorL 0.2385 · S 0.2430+$188.68 if it converges
24h range −2.13%…+10.07% · median +3.27%
Long pays every1hShort pays every1h
LONGmaker-0.010%/taker0.075%SHORTmaker0.020%/taker0.055%
Sparse settlements: long 17%, short 17% of expected. KPIs may be noisy.
Loading Funding History…
↗Total PnL
−$9.82
−0.10%
$Avg Daily PnL
+$5.39
+0.0539%
★Best Day
+$10.96
Sep 28
◎Open Interest
⚡Funding APR
+19.69%
annualized · funding only
⚠Execution Cost
−$26.00
entry + exit fees
⏱Payback
4.8d
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 (−$26.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.