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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
−0.11%
7d Period Avg+38.87%
swing±82.65%
LONG Gate.io · now
+11.07%
7d avg:+42.97%
SHORT BingX · now
+10.96%
7d avg:+81.84%
Entry Spread Now
+0.397%
In your favorL 0.07810 · S 0.07841+$39.69 if it converges
24h range −0.36%…+0.80% · median +0.30%
Long pays every8hShort pays every4h
LONGmaker-0.010%/taker0.075%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
+$28.74
+0.29%
$Avg Daily PnL
+$7.68
+0.0768%
★Best Day
+$26.66
Sep 25
◎Open Interest
⚡Funding APR
+28.02%
annualized · funding only
⚠Execution Cost
−$25.00
entry + exit fees
⏱Payback
3.3d
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.