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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
−129.52%
3d Period Avg+10.89%
swing±45.80%
LONG Gate.io · now
−25.20%
3d avg:−81.83%
SHORT BingX · now
−154.72%
3d avg:−70.94%
Entry Spread Now
+0.109%
Eaten by executionL 0.005503 · S 0.005509+$10.90 if it converges
24h range −0.09%…+0.13% · median +0.04%
Long pays every4hShort pays every4h
LONGmaker-0.010%/taker0.075%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
−$16.55
−0.17%
$Avg Daily PnL
+$2.82
+0.0282%
★Best Day
+$13.86
Sep 25
◎Open Interest
⚡Funding APR
+10.28%
annualized · funding only
⚠Execution Cost
−$25.00
entry + exit fees
⏱Payback
8.9d
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 (−$25.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.