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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 ~10d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+9.64%
7d Period Avg+32.91%
swing±35.32%
LONG Gate.io · now
+1.31%
7d avg:+3.25%
SHORT Toobit · nowNIGHT-SWAP-USDT
+10.96%
7d avg:+36.16%
Entry Spread Now
+0.364%
In your favorL 0.04942 · S 0.04960+$36.42 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
+$36.07
+0.36%
$Avg Daily PnL
+$9.01
+0.0901%
★Best Day
+$16.73
Oct 11
◎Open Interest
⚡Funding APR
+32.89%
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.