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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
−15.17%
30d Period Avg+27.04%
swing±79.24%
LONG Gate.io · now
−162.17%
30d avg:−29.51%
SHORT Ondo · nowCXMT-USD.P
−177.34%
30d avg:−2.47%
Entry Spread Now
−0.057%
Eaten by executionL 8.6290 · S 8.6241−$5.68 if it converges
24h range −0.28%…+0.21% · median −0.08%
Long pays every1hShort pays every1h
LONGmaker-0.010%/taker0.075%SHORTmaker0.015%/taker0.035%
Loading Funding History…
↗Total PnL
+$208.05
+2.08%
$Avg Daily PnL
+$7.67
+0.0767%
★Best Day
+$37.46
Sep 8
◎Open Interest
⚡Funding APR
+27.99%
annualized · funding only
⚠Execution Cost
−$22.00
entry + exit fees
⏱Payback
2.9d
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 (−$22.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.