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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%
7d Period Avg+28.06%
swing±35.68%
LONG OKX · nowMINA-USDT-SWAP
+10.96%
7d avg:−29.51%
SHORT Gate.io · now
+10.96%
7d avg:−1.45%
Entry Spread Now
−0.007%
NeutralL 0.1451 · S 0.1451
24h range −1.06%…+0.92% · median −0.08%
Long pays every4hShort pays every8h
LONGmaker0.020%/taker0.050%SHORTmaker-0.010%/taker0.075%
Loading Funding History…
↗Total PnL
+$28.87
+0.29%
$Avg Daily PnL
+$7.70
+0.0770%
★Best Day
+$16.50
Sep 25
◎Open Interest
⚡Funding APR
+28.09%
annualized · funding only
⚠Execution Cost
−$25.00
entry + exit fees
⏱Payback
3.3d
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 (−$25.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.