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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
−4.38%
7d Period Avg+69.21%
swing±97.25%
LONG Gate.io · now
−47.34%
7d avg:−122.29%
SHORT BingX · now
−51.72%
7d avg:−53.08%
Entry Spread Now
−0.018%
NeutralL 0.005494 · S 0.005493
24h range −0.09%…+0.14% · median +0.07%
Long pays every4hShort pays every4h
LONGmaker-0.010%/taker0.075%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
+$116.97
+1.17%
$Avg Daily PnL
+$20.28
+0.2028%
★Best Day
+$66.75
Sep 21
◎Open Interest
⚡Funding APR
+74.03%
annualized · funding only
⚠Execution Cost
−$25.00
entry + exit fees
⏱Payback
1.2d
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.