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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
−61.47%
3d Period Avg+14.02%
swing±55.12%
LONG Pionex · nowMOVR_USDT_PERP
+10.96%
3d avg:−0.48%
SHORT Gate.io · now
−50.51%
3d avg:+13.54%
Entry Spread Now
+0.031%
Eaten by executionL 3.2010 · S 3.2020+$3.12 if it converges
24h range −6.44%…+4.53% · median −0.08%
Long pays every4hShort pays every8h
LONGmaker0.020%/taker0.050%SHORTmaker-0.010%/taker0.075%
Loading Funding History…
↗Total PnL
−$17.16
−0.17%
$Avg Daily PnL
+$2.61
+0.0261%
★Best Day
+$15.31
Sep 29
◎Open Interest
⚡Funding APR
+9.53%
annualized · funding only
⚠Execution Cost
−$25.00
entry + exit fees
⏱Payback
9.6d
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.