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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
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
−16.64%
3d Period Avg+5.79%
swing±28.10%
LONG Variational · now
+41.29%
3d avg:+15.77%
SHORT Gate.io · now
+24.65%
3d avg:+21.56%
Entry Spread Now
+0.175%
In your favorL 153.6005 · S 153.8700+$17.55 if it converges
24h range −0.79%…+0.57% · median +0.12%
Long pays every8hShort pays every8h
LONGmaker0%/taker0%SHORTmaker-0.010%/taker0.075%
Loading Funding History…
↗Total PnL
−$25.02
−0.25%
$Avg Daily PnL
+$1.59
+0.0159%
★Best Day
+$9.06
Oct 1
◎Open Interest
⚡Funding APR
+5.79%
annualized · funding only
⚠Execution Cost
−$29.78
entry + exit fees
⏱Payback
18.8d
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 (−$29.78 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.