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updated —Funding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding never covers this cost
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
−5.88%
7d Period Avg+8.33%
swing±14.85%
LONG Gate.io · now
+10.96%
7d avg:+2.27%
SHORT Hotcoin · now
+5.07%
7d avg:+10.60%
Entry Spread Now
−0.010%
NeutralL 0.1021 · S 0.1020
24h range −0.31%…+0.27% · median −0.02%
Long pays every4hShort pays every4h
LONGmaker-0.010%/taker0.075%SHORTmaker0.020%/taker0.060%
Loading Funding History…
↗Total PnL
−$11.04
−0.11%
$Avg Daily PnL
+$2.28
+0.0228%
★Best Day
+$4.29
Oct 7
◎Open Interest
Gate.io$7.39M
Hotcoin$1.68M⚡Funding APR
+8.32%
annualized · funding only
⚠Execution Cost
−$27.00
entry + exit fees
⏱Payback
11.8d
to break even
◧24h Volume
Gate.io$347.7KHotcoin$1.28MLoading 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.