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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 ~2.1d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+43.48%
7d Period Avg+26.55%
swing±26.03%
LONG Gate.io · now
+10.96%
7d avg:+12.13%
SHORT BingX · now
+54.44%
7d avg:+38.68%
Entry Spread Now
+0.063%
Eaten by executionL 1.4189 · S 1.4198+$6.34 if it converges
24h range −0.58%…+0.49% · median +0.01%
Long pays every8hShort pays every4h
LONGmaker-0.010%/taker0.075%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
+$24.35
+0.24%
$Avg Daily PnL
+$7.05
+0.0705%
★Best Day
+$14.69
Sep 28
◎Open Interest
⚡Funding APR
+25.73%
annualized · funding only
⚠Execution Cost
−$25.00
entry + exit fees
⏱Payback
3.5d
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.