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updated —Funding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding covers it in ~0.6d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+178.25%
7d Period Avg+138.74%
swing±195.93%
LONG Toobit · nowBTW-SWAP-USDT
+0.36%
7d avg:−56.00%
SHORT Gate.io · now
+178.61%
7d avg:+82.74%
Entry Spread Now
+1.081%
In your favorL 1.2970 · S 1.3110+$108.09 if it converges
24h range −1.58%…+8.37% · median −0.26%
Long pays every4hShort pays every4h
LONGmaker0.020%/taker0.060%SHORTmaker-0.010%/taker0.075%
Loading Funding History…
↗Total PnL
+$197.69
+1.98%
$Avg Daily PnL
+$32.10
+0.3210%
★Best Day
+$50.58
Sep 24
◎Open Interest
⚡Funding APR
+117.16%
annualized · funding only
⚠Execution Cost
−$27.00
entry + exit fees
⏱Payback
20.2h
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.