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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 ~2.8d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+32.22%
7d Period Avg+8.58%
swing±38.50%
LONG Binance Futures · now
+10.96%
7d avg:+26.16%
SHORT Gate.io · now
+43.17%
7d avg:+34.74%
Entry Spread Now
+0.010%
NeutralL 0.0008994 · S 0.0008995
24h range −0.04%…+0.19% · median +0.00%
Long pays every4hShort pays every4h
LONGmaker0.020%/taker0.050%SHORTmaker-0.010%/taker0.075%
Loading Funding History…
↗Total PnL
−$5.08
−0.05%
$Avg Daily PnL
+$2.85
+0.0285%
★Best Day
+$13.76
Oct 6
◎Open Interest
⚡Funding APR
+10.39%
annualized · funding only
⚠Execution Cost
−$25.00
entry + exit fees
⏱Payback
8.8d
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.