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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
−2.34%
3d Period Avg+4.55%
swing±12.31%
LONG Gate.io · now
+10.96%
3d avg:+13.05%
SHORT Bitunix · now
+8.62%
3d avg:+17.60%
Entry Spread Now
+0.072%
Eaten by executionL 0.009765 · S 0.009772+$7.17 if it converges
24h range −0.20%…+1.92% · median +0.14%
Long pays every4hShort pays every4h
LONGmaker-0.010%/taker0.075%SHORTmaker0.020%/taker0.060%
Loading Funding History…
↗Total PnL
−$23.26
−0.23%
$Avg Daily PnL
+$1.25
+0.0125%
★Best Day
+$2.21
Sep 30
◎Open Interest
⚡Funding APR
+4.55%
annualized · funding only
⚠Execution Cost
−$27.00
entry + exit fees
⏱Payback
21.7d
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 (−$27.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.