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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
−56.10%
7d Period Avg+46.04%
swing±38.84%
LONG Binance Futures · now
+10.96%
7d avg:+4.39%
SHORT Gate.io · now
−45.14%
7d avg:+50.43%
Entry Spread Now
−0.390%
Against youL 2.1695 · S 2.1610−$38.99 if it converges
24h range −4.11%…+2.79% · median −0.05%
Long pays every4hShort pays every8h
LONGmaker0.020%/taker0.050%SHORTmaker-0.010%/taker0.075%
Loading Funding History…
↗Total PnL
+$62.71
+0.63%
$Avg Daily PnL
+$12.53
+0.1253%
★Best Day
+$26.84
Sep 24
◎Open Interest
⚡Funding APR
+45.74%
annualized · funding only
⚠Execution Cost
−$25.00
entry + exit fees
⏱Payback
2.0d
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 (−$25.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.