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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 ~3.5d
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+37.91%
7d Period Avg+9.23%
swing±26.30%
LONG Gate.io · now
+0.00%
7d avg:+2.79%
SHORT grvt · nowHOOD_USDT_Perp
+37.91%
7d avg:+12.02%
Entry Spread Now
+0.009%
NeutralL 113.5300 · S 113.5399
24h range −4.29%…+0.65% · median −0.01%
Long pays every8hShort pays every8h
LONGmaker-0.010%/taker0.075%SHORTmaker0.010%/taker0.050%
Loading Funding History…
↗Total PnL
−$18.84
−0.19%
$Avg Daily PnL
+$2.53
+0.0253%
★Best Day
+$11.09
Sep 25
◎Open Interest
⚡Funding APR
+9.23%
annualized · funding only
⚠Execution Cost
−$36.54
entry + exit fees
⏱Payback
14.4d
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 (−$36.54 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.