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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 ~6.7d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+14.68%
3d Period Avg+34.22%
swing±26.11%
LONG Gate.io · now
−3.73%
3d avg:−7.04%
SHORT Toobit · nowNIGHT-SWAP-USDT
+10.96%
3d avg:+27.18%
Entry Spread Now
+0.557%
In your favorL 0.04845 · S 0.04872+$55.73 if it converges
24h range −0.53%…+0.57% · median +0.00%
Long pays every8hShort pays every4h
LONGmaker-0.010%/taker0.075%SHORTmaker0.020%/taker0.060%
Loading Funding History…
↗Total PnL
+$1.10
+0.01%
$Avg Daily PnL
+$9.37
+0.0937%
★Best Day
+$16.73
Oct 11
◎Open Interest
⚡Funding APR
+34.19%
annualized · funding only
⚠Execution Cost
−$27.00
entry + exit fees
⏱Payback
2.9d
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.