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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
+0.00%
3d Period Avg+6.15%
swing±13.90%
LONG Bitget · now
+10.96%
3d avg:+3.21%
SHORT Gate.io · now
+10.96%
3d avg:+9.36%
Entry Spread Now
+0.315%
In your favorL 0.0009849 · S 0.0009880+$31.48 if it converges
24h range −0.34%…+0.24% · median −0.04%
Long pays every4hShort pays every4h
LONGmaker0.020%/taker0.060%SHORTmaker-0.010%/taker0.075%
Loading Funding History…
↗Total PnL
−$21.95
−0.22%
$Avg Daily PnL
+$1.68
+0.0168%
★Best Day
+$3.50
Sep 25
◎Open Interest
⚡Funding APR
+6.14%
annualized · funding only
⚠Execution Cost
−$27.00
entry + exit fees
⏱Payback
16.0d
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.