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updated —Funding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding covers it in ~0.8d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+91.60%
3d Period Avg+48.95%
swing±33.13%
LONG MEXC · now
+12.05%
3d avg:+14.91%
SHORT Gate.io · now
+103.66%
3d avg:+63.86%
Entry Spread Now
−0.056%
Eaten by executionL 0.05318 · S 0.05315−$5.64 if it converges
24h range −1.08%…+0.94% · median +0.04%
Long pays every4hShort pays every4h
LONGmaker0%/taker0.020%SHORTmaker-0.010%/taker0.075%
Loading Funding History…
↗Total PnL
+$21.20
+0.21%
$Avg Daily PnL
+$13.40
+0.1340%
★Best Day
+$21.14
Sep 27
◎Open Interest
⚡Funding APR
+48.91%
annualized · funding only
⚠Execution Cost
−$19.00
entry + exit fees
⏱Payback
1.4d
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 (−$19.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.