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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 ~2.7d
Funding ArbitrageLooking at price convergence? β /price-pair
Current Net APR Β· Snapshot
+39.12%
7d Period Avg+35.34%
swingΒ±97.48%
LONG Hotcoin Β· nowBZUSDT
β67.06%
7d avg:β140.35%
SHORT Gate.io Β· nowBZ_USDT
β27.94%
7d avg:β105.01%
Entry Spread Now
β0.088%
Eaten by executionL 102.3000 Β· S 102.2100β$8.80 if it converges
24h range β0.13%β¦β0.02% Β· median β0.08%
Long pays every4hShort pays every8h
LONGmaker0.020%/taker0.060%SHORTmaker-0.010%/taker0.075%
Loading Funding Historyβ¦
βTotal PnL
β$6.98
β0.07%
$Avg Daily PnL
+$3.14
+0.0314%
β
Best Day
+$21.86
Oct 7
βOpen Interest
Hotcoin$14.89M
Gate.io$6.72Mβ‘Funding APR
+11.46%
annualized Β· funding only
β Execution Cost
β$28.95
entry + exit fees
β±Payback
9.2d
to break even
β§24h Volume
Hotcoin$3.02MGate.io$2.06MLoading 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$28.95 for size $10,000). Slippage scales nonlinearly with position size β try a larger size to see thin upper levels run out.