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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
−135.81%
3d Period Avg+75.75%
swing±67.82%
LONG Bybit · now
+377.09%
3d avg:+58.26%
SHORT Gate.io · now
+241.28%
3d avg:+134.01%
Entry Spread Now
−0.193%
Against youL 0.04142 · S 0.04134−$19.31 if it converges
24h range −1.19%…+0.45% · median −0.12%
Long pays every4hShort pays every4h
LONGmaker0.020%/taker0.055%SHORTmaker-0.010%/taker0.075%
Loading Funding History…
↗Total PnL
+$36.22
+0.36%
$Avg Daily PnL
+$20.74
+0.2074%
★Best Day
+$22.02
Sep 25
◎Open Interest
⚡Funding APR
+75.70%
annualized · funding only
⚠Execution Cost
−$26.00
entry + exit fees
⏱Payback
1.3d
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 (−$26.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.