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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
−721.22%
3d Period Avg+19.01%
swing±33.13%
LONG BingX · now
−1695.13%
3d avg:−9.55%
SHORT Gate.io · now
−2416.35%
3d avg:+9.46%
Entry Spread Now
+0.450%
In your favorL 0.02664 · S 0.02676+$45.05 if it converges
24h range −1.19%…+1.66% · median −0.11%
Long pays every4hShort pays every4h
LONGmaker0.020%/taker0.050%SHORTmaker-0.010%/taker0.075%
Loading Funding History…
↗Total PnL
−$15.44
−0.15%
$Avg Daily PnL
+$3.19
+0.0319%
★Best Day
+$7.05
Sep 27
◎Open Interest
⚡Funding APR
+11.63%
annualized · funding only
⚠Execution Cost
−$25.00
entry + exit fees
⏱Payback
7.8d
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.