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updated βFunding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg Β· +$20000.00 turnover Β· funding covers it in ~4.5d
β Slippage not modeled β actual cost may differ
Funding ArbitrageLooking at price convergence? β /price-pair
Current Net APR Β· Snapshot
+21.92%
3d Period Avgβ22.10%
swingΒ±98.18%
LONG Gate.io Β· now
+0.00%
3d avg:+4.89%
SHORT Hotcoin Β· now
+21.92%
3d avg:β17.21%
Entry Spread Now
+0.000%
NeutralL 26.8300 Β· S 26.8300
24h range β0.07%β¦+0.04% Β· median +0.00%
Long pays every8hShort pays every4h
LONGmaker-0.010%/taker0.075%SHORTmaker0.020%/taker0.060%
Loading Funding Historyβ¦
βTotal PnL
β$37.41
β0.37%
$Avg Daily PnL
β$3.47
β0.0347%
β
Best Day
+$6.00
Oct 10
βOpen Interest
β‘Funding APR
β12.67%
annualized Β· funding only
β Execution Cost
β$27.00
entry + exit fees
β±Payback
never
to break even
β§24h Volume
Loading Cumulative PnLβ¦
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 (β$27.00 for size $10,000). Slippage scales nonlinearly with position size β try a larger size to see thin upper levels run out.