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updated 9:01:00 AMFunding Arbitrage Backtester
Size$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding covers it in ~0.8d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+95.11%
3d Period Avg+50.50%
LONG Hotcoin · now
+5.48%
3d avg:+24.75%
SHORT Gate.io · now
+100.59%
3d avg:+75.25%
Entry Spread Now
−0.108%
Eaten by executionL 0.2788 · S 0.2785−$10.76 if it converges
24h range −0.43%…+0.47% · median −0.04%
Long pays every8hShort pays every4h
LONGmaker0.020%/taker0.060%SHORTmaker0.020%/taker0.050%
Loading Funding History…
↗Total PnL
+$13.89
+0.14%
$Avg Daily PnL
+$8.97
+0.0897%
★Best Day
+$15.63
Aug 17
◎Open Interest
Hotcoin$372.7K
Gate.io$890.7K⚡Funding APR
+32.75%
annualized · funding only
⚠Execution Cost
−$22.00
entry + exit fees
⏱Payback
2.5d
to break even
◧24h Volume
Hotcoin—Gate.io$242.7KLoading 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 (−$22.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.