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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 ~0.6d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+155.60%
3d Period Avg+24.77%
swing±50.38%
LONG Gate.io · now
+0.00%
3d avg:+1.50%
SHORT Bitget · nowNATGASUSDT
+155.60%
3d avg:+26.27%
Entry Spread Now
−0.128%
Eaten by executionL 3.1160 · S 3.1120−$12.84 if it converges
24h range −0.41%…+0.09% · median +0.00%
Long pays every8hShort pays every4h
LONGmaker-0.010%/taker0.075%SHORTmaker0.020%/taker0.060%
Loading Funding History…
↗Total PnL
−$0.30
+0.00%
$Avg Daily PnL
+$8.90
+0.0890%
★Best Day
+$19.99
Sep 25
◎Open Interest
⚡Funding APR
+32.49%
annualized · funding only
⚠Execution Cost
−$27.00
entry + exit fees
⏱Payback
3.0d
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 (−$27.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.