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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 ~4.5d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+21.70%
3d Period Avg+24.97%
swing±15.00%
LONG Gate.io · now
+0.00%
3d avg:+0.00%
SHORT Hotcoin · nowNATGASUSDT
+21.70%
3d avg:+24.97%
Entry Spread Now
−0.248%
Against youL 3.2270 · S 3.2190−$24.79 if it converges
24h range −0.24%…+0.33% · median −0.03%
Long pays every8hShort pays every4h
LONGmaker-0.010%/taker0.075%SHORTmaker0.020%/taker0.060%
Loading Funding History…
↗Total PnL
−$6.63
−0.07%
$Avg Daily PnL
+$6.79
+0.0679%
★Best Day
+$8.75
Oct 19
◎Open Interest
⚡Funding APR
+24.79%
annualized · funding only
⚠Execution Cost
−$27.00
entry + exit fees
⏱Payback
4.0d
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.