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updated βFunding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg Β· +$20000.00 turnover Β· funding covers it in ~1.5d
β Slippage not modeled β actual cost may differ
Funding ArbitrageLooking at price convergence? β /price-pair
Current Net APR Β· Snapshot
+39.89%
7d Period Avg+20.06%
swingΒ±37.85%
LONG MEXC Β· now
β141.35%
7d avg:β61.85%
SHORT Bitget Β· now
β101.47%
7d avg:β41.79%
Entry Spread Now
β0.232%
Against youL 0.4952 Β· S 0.4940β$23.22 if it converges
24h range β1.69%β¦+1.18% Β· median β0.07%
Long pays every4hShort pays every4h
LONGmaker0%/taker0.020%SHORTmaker0.020%/taker0.060%
Loading Funding Historyβ¦
βTotal PnL
+$20.62
+0.21%
$Avg Daily PnL
+$5.23
+0.0523%
β
Best Day
+$15.78
Oct 16
βOpen Interest
β‘Funding APR
+19.09%
annualized Β· funding only
β Execution Cost
β$16.00
entry + exit fees
β±Payback
3.1d
to break even
β§24h Volume
Loading Cumulative PnLβ¦
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 (β$16.00 for size $10,000). Slippage scales nonlinearly with position size β try a larger size to see thin upper levels run out.